You are managing a portfolia worth 58:17 milion, with beta 1.38 with respect to the 580500 index, The 58.500 index is currently at 9750 . Put options ate avialable on the Sispsoo index, with multiplier 100 . You wish to insure your portfolio against a loss of 5.001 or more over the next year. The risk. free 12 one year puts, each with strie 9262.50. 8t one year puts, each with strike 0as85. 34. 12 bne year puts, each with strike 9485.74, II one year puts, each with sty ie 0202.50