Assume that an investor who owns a diversified portfolio with a current market value of $700,000 and a Beta = 1.0 wishes to buy protect protective puts to prevent the portfolio value dropping 6.66 percent below its current value. The current value of the ASX200 index is 3750. What would the strike price of the puts need to be (rounded to the nearest whole number)? Group of answer choices 250 3743 3550 3500