Your portfolio's value is $5,000,000, but it has a high systematic risk beta. You can reduce your systematic risk to beta = 1.25 by selling three S&P500 index futures contracts. The futures price of the S&P500 index futures is 4000, and the contract Sizelig 250 times the index. What was the systematic risk of your portfolio before the hedge? Round your answer to 3 decimal digits. E.g., if you found beta=4.6742, write 4.67