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please can you answer both questions You have just won the Georgia Lottery with a jackpot of $37,000,000. Your winnings will be paid to you

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You have just won the Georgia Lottery with a jackpot of $37,000,000. Your winnings will be paid to you in 26 equal annual installments with the first payment made immediately. If you feel the appropriate annual discount rate is 11%, what is the prsent value of the stream of payments you will receive? $12,079,159.83 $13,407,867.41 $12,530,920.40 $10,786,689.73 $16,349,553.52 You are considering buying common stock in Grow On, Inc. You have projected that the next dividend the company will pay will equal $8.60 and that dividends will grow at a rate of 5.0% per year thereafter. If you would want an annual return of 16.0% to invest in this stock, what is the most you should pay for the stock now? $56.44 $82.09 $53.75 $78.18 $85.42

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