Please note that I only need the answer to question A. Additionally, please make sure to check for the answers that are not correct.

Slowly giving up on Chegg as I am asking this question for the 5th time now.

You are a provider of portfolio insurance and are establishing a 4-year program. The portfolio you manage is worth $130 million, and you hope to provide a minimum return of 0%. The equity portfolio has a standard deviation of 24% per year, and T-bills pay 5% per year. Assume that the portfolio pays no dividends.

What is the delta of the implicit put option conveyed by the portfolio insurance? Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to 4 decimal places.

A: The put delta is: ___

Wrong answers i got so far: 0.7428; 0.6225, 0, 0.1583, -0.1583

How much of the portfolio should be sold and placed in bills? Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.

B: T-bills: $45.75 million (This answer is 100% correct)

What is the delta if the new portfolio falls by 4% on the first day of trading? Note: Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to 4 decimal places.

C: Delta of the portfolio: -0.2838 (This answer is 100% correct)

Wrong answers i got so far: 0.7478; 0.6064

Complete the following: Note: Do not round intermediate calculations. Enter your answer in millions rounded to 4 decimal places.

D: Assuming the portfolio falls by 4%, the manager should sell $ 3.5059 in stock. (This answer is 100% correct)

Wrong answers i got so far: $650.000; $2,093,000