You Own a Portfolio Which Is Valued at $11,190,000 and Which

You own a portfolio which is valued at $11,190,000 and which has a beta of 1.43.You would like to create a riskless portfolio by hedging using S&P 500 futures contracts.The contract size is $250 times the index level.How many futures contracts do you need to acquire if the current S&P 500 index is 1730?

A) short 28 contracts
B) short 37 contracts
C) long 28 contracts
D) long 37 contracts
E) short 43 contracts