Can you please do all 4 parts.

Data: S0=104;X=116;1+r=1.12. The two possibilities for ST are 194 and 90. Required: a. The range of S is 104 while that of P is 26 across the two states. What is the hedge ratio of the put? b. Form a portfolio of one share of stock and four puts. What is the (nonrandom) payoff to this portfolio? c. What is the present value of the portfolio? d. Given that the stock currently is selling at 104, calculate the put value. Complete this question by entering your answers in the tabs below. The range of S is 104 while that of P is 26 across the two states. What is the hedge ratio of the put? Note: Round your answer to 2 decimal places. Negative value should be indicated by parentheses