7) Derek Jeter currently has an investment portfolio that contains four stocks with a total value equal to $80,000. The portfolio has a beta (B) equal to 1.4. Derek wants an additional $20,000 in a stock that has B-2.4. After Derek ad portfolio, what will be the portfolio's beta? to invest As the capital budgeting director for Fitzpatrick Coffins Company, you are evaluating construction of a new plant. The plant has a net cost of $5 million in Year O (today), and it will provide net cash inflows of S1 million at the end of Year 1, $1.5 million at the end of Year 2, and $2 million at the end of Years 3 throughS. If your required rate of return is 13%, what is the plant's Payback, NPV and IRR? 8)