Question: help with both question please 5. Do you think the cost of portfolio insurance increases or decreases as the beta of a portfolio increases? Explain

help with both question please
help with both question please 5. Do you think the cost of

5. Do you think the cost of portfolio insurance increases or decreases as the beta of a portfolio increases? Explain your answer. (2 marks) 6. Explain how the value of a put is affected as the time to maturity decreases? (2 marks)

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