Data. So-102:X= 116, 1 + r= 1.08. The two possibilities for ST are 150 and 82. The range of S is 68 while that of P is 34 across the two states. What is the hedge ratio of the put? Round your answer to 2 decimal places. Negative amount should be indicated by a minus sign.) a. Hedge ratio .47 b-1. Form a portfolio of one shares of stock and two puts. What is the (nonrandom) payoff to this portfolio? (Omit the "$" sign in your response.) Nonrandom payoff S sign in your response.) Present value Given that the stock currently is selling at $102, calculate the put value. (Round your answer to2 b-2. What is the present value of the portfolio? (Round your answer to 2 decimal places. Omit the "$" c. decimal places. Omit the "S" sign in your response.)