You are a provider of portfolio insurance and are establishing a 4-year program. The portfolio you manage is worth \$116 milion, and you hope to provide a minimum retum of 0%. The equity portfolio has a standard deviation of 29% per year, and T-bilts pay 7% per year. Assume that the portfolio pays no dividends. a-1. How much should be placed in bills? (Enter your answer in millions rounded to 2 decimal places.) a-2. How much in equity? (Enter your answer in milions rounded to 2 decimal places.) b-1. What is the deita if the new portfolio falls by 6% on the first day of trading? (Negative value should be indicated by a minus sign. Enter your answer in milisons rounded to 4 decimal places.) b-1. What is the delta if the new portfolio falls by 6% on the first day of trading? (Negative value should be indicated by a minus sign. Enter your answer in millions rounded to 4 decimal places.) b-2. Complete the following: (Enter your answer in milions rounded to 4 decimal places.)