You are a provider of portfolio insurance and are establishing a 4-year program. The portfolio you manage is worth $102 million, and you hope to provide a minimum return of 0%. The equity portfolio has a standard deviation of 20% per year, and T-bills pay 6% 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.) T-bills million a-2. How much in equity? (Enter your answer in millions rounded to 2 decimal places.) Portfolio in equity million b-1. What is the delta if the new portfolio falls by 7% 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.) Delta of the portfolio b-2. Complete the following: (Enter your answer in millions rounded to 4 decimal places.) Assuming the portfolio does fall by 7%, the manager should in stock. You are a provider of portfolio insurance and are establishing a 4-year program. The portfolio you manage is worth $102 million, and you hope to provide a minimum return of 0%. The equity portfolio has a standard deviation of 20% per year, and T-bills pay 6% 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.) T-bills million a-2. How much in equity? (Enter your answer in millions rounded to 2 decimal places.) Portfolio in equity million b-1. What is the delta if the new portfolio falls by 7% 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.) Delta of the portfolio b-2. Complete the following: (Enter your answer in millions rounded to 4 decimal places.) Assuming the portfolio does fall by 7%, the manager should in stock