The portfolio is to be liquidated on $30$ November. However, you believe that the Australian

market will rally during October and November and would like to increase the beta to $1\mathrm{.}3.$

A$.$ Construct transactions that will increase the beta of the portfolio to $1\mathrm{.}3$ using one or

more of these December futures contracts:

S&P $500$ futures, which are currently trading at $151.$

SPI $200$ futures, which are currently trading at $373.$

Goodday Inc. futures, which are currently trading a $394.$

All prices are in Australian dollars and assume all futures contracts have a contract

multiplier of $$250$ per index point.You are a portfolio manager holding the following Australian stocks on $1^{st}$ October. The

number of shares, and the betas are as follows:

The portfolio is to be liquidated on $30$ November. However, you believe that the Australian

market will rally during October and November and would like to increase the beta to $1\mathrm{.}3.$

A$.$ Construct transactions that will increase the beta of the portfolio to $1\mathrm{.}3$ using one or

more of these December futures contracts:

S&P $500$ futures, which are currently trading at $151.$

SPI $200$ futures, which are currently trading at $373.$

Goodday Inc. futures, which are currently trading a $394.$

All prices are in Australian dollars and assume all futures contracts have a contract

multiplier of $$250$ per index point.