4. You are evaluating a growing perpetuity investment from a large financial services firm. The investment promises an initial payment of $11,000 at the end of this year, and subsequent payments will grow at a rate of 4.4 percent annually. If you use a 7 percent discount rate for investments like this, what is the present value of this growing perpetuity? 5. You have just won the lottery and will receive $150,000 in one year. You will receive payments for 10 years, which will increase 3 percent per year. If the appropriate discount rate is 7 percent, what is the present value of your winnings