A Macro Hedge Is a

A macro hedge is a

A) Hedge of a particular asset or liability
B) Hedge using futures on macroeconomic variables
C) Hedge using options in liabilities
D) Hedge without basis risk
E) Hedge of an entire balance sheet
Refer to the information below for questions 30-32:
XYZ Bank has D_A = 2.4 years and D_L = 0.9 years. The bank has total equity of $82 million and total assets of $850 million. Currently, interest rates are at 6%.