ASAP Pls!

Assume the following: 1. The price of a two-year call with the strike price of X is currently $4. 2. The price of a two-year put with the strike price of X is currently $5. 3. The current price per share of the stock is $28. 4. The stock does not pay a dividend. 5. The risk-free rate is 5% per year. Using the put-call parity, what is the strike price of the put? In other words, find X. $5.00$29.00$30.45$31.97$35.93 None of the above. Suppose you manage a \$2 million portfolio. Assume that the expected return of your portfolio is 18% per year, E(rm)=11% per year, the risk-free rate is 1% per year, and S0=3,200. You are worried that the market might fall after one year. How many one-year S\&P E-Mini futures contracts do you need to hedge your portfolio? To hedge your risk exposure, should you hold a long position or a short position in the futures contracts? Note that the S\&P E-Mini contract multiplier is $50. Recall the CAPM equation is: E[ri]=rf+i[E(rm)rf]. Choose the closest number. Short 13 contracts Short 22 contracts Long 13 contracts Long 22 contracts None of the above