Suppose that the TAIEX futures contracts with 6 months to maturity are used to hedge of a portfolio over the next 4 months. Considering the following situation: Current price of TAIEX =15,000 points Current price of TATEX futures = 15,200 points Current value of portfolio = NT$1,520,000 Risk-free interest rate 1.8% per annum Dividend yield on TAIEX - 3% per annum Beta of portfolio - 1.5 One TAIEX futures contract is for delivery of NT$200 times the index. TAIEX and TAIEX futures turn to be 13,500 points and 13,400 points in four months, respoctively. Calculate the number of futures contracts that should be used to hedge the portfolio and the expected value of the portfolio at the end of the 4 months.