Exhibit 21.11 Use the Information Below for the Following Problem(S)

question 37

Multiple Choice

Exhibit 21.11
Use the Information Below for the Following Problem(S)
Consider a portfolio manager with a $10,000,000 equity portfolio under management. The manager wishes to hedge against a decline in share values using stock index futures. Currently a stock index future is priced at 1350 and has a multiplier of 250. The portfolio beta is 1.50.
-Refer to Exhibit 21.11.Calculate the number of contract required to hedge the risk exposure and indicate whether the manager should be short or long.

• A) 100 contracts long.
• B) 44 contracts long.
• C) 44 contracts short.
• D) 100 contract short.
• E) None of the above.

Acknowledge the significance of preparing the environment for group activities.

Understand the advantages and disadvantages of different types of groups, including virtual and telephone groups.

Be able to prepare a written proposal for group services tailored to specific populations or issues.

Learn methods for assessing the potential membership and sponsorship of the group.

---

Definitions:

Self-Disclosure

The act of revealing personal information to others, which can foster intimacy and trust in relationships.

Gut Level

Referring to instinctive, immediate reactions or feelings, devoid of rational analysis.

Work Environments

The physical and psychological conditions under which employees perform their job duties, including culture, physical space, and social aspects.

Productivity

The rate at which goods or services are produced, especially in relation to the input of labor, materials, etc.