A portfolio is worth $912,372 and has a duration of 8.77 years. The futures price for a June Treasury note futures contract is 105 and each contract is for the delivery of bonds with a face value of 100,000. On the delivery date the duration of the cheapest to deliver bond is 3.46 years. To hedge the interest rate risk, how many June T note futures do you have to enter short positions on

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.