Q4. Suppose now that instead of the hedge that JD opened on 4.3.2020 she timed the market and speculated that the market trend is up. J. same data in Q3 to increase the beta of her portfolio by 4 points. I.e., Beta(Target) = Current portfolio Beta +4. Use the S\&P500 index futures to increase the beta of the JD's portfolio by 4 points and describe the result of this strategy a year later closed her speculative position on 4. 2. 2021. If JD uses the S\&P 500 index to increase the portfolio beta by 5 units, then the portfolio beta would be 1.46+5=6.46 which makes the portfolio volatile to the market. Profits would be 5 times the profits calculated in the answer 1.1 Q4. Suppose now that instead of the hedge that JD opened on 4.3.2020 she timed the market and speculated that the market trend is up. J. same data in Q3 to increase the beta of her portfolio by 4 points. I.e., Beta(Target) = Current portfolio Beta +4. Use the S\&P500 index futures to increase the beta of the JD's portfolio by 4 points and describe the result of this strategy a year later closed her speculative position on 4. 2. 2021. If JD uses the S\&P 500 index to increase the portfolio beta by 5 units, then the portfolio beta would be 1.46+5=6.46 which makes the portfolio volatile to the market. Profits would be 5 times the profits calculated in the