Q.6508 Consider the following data for changes in yields: | Day | $Y_p$ (Corporate Bond Portfolio) | $Y_h$ (Hedging Instrument) | |-----|----------------------------------|-----------------------------| | 1 | 1.5 | 2.0 | | 2 | 2.0 | 2.5 | | 3 | 1.0 | 1.5 | | 4 | 2.5 | 3.0 | Given that the covariance between $Y_p$ and $\sigma(Y_h)$ is 0.273, calculate the hedge ratio ($\beta$). | Financial Risk Manager Part 2 Quiz - LeetQuiz