please please answer both questions urgently and perfectly. I will give positive rating if you solve both Questions and answer them correctly. mention each part answer as you give. Don't answer if you aren't sure about the answer

Question 21 About the hedge ratio of a synthetic put, which statement is INCORRECT? the hedge ratio should be negative to construct a synthetic put, we lend money using mma discount rate O to construct a synthetic put, we should short the stock. the hedge ratio should be positive Question 16 12 pts Which statement about risk-neutral valuation is INCORRECT? The valuation assumes investors are risk neutral We use pseudo probabilities under risk-neutral valuation The valuation does not assume investors are risk neutral The "valuation" Trick is to move from the real world to the pseudo-world, where things are tractable price the option there, and bring that price back to the real world