What is the expected return for the following portfolio? (State your answer in percent with two decimal places.) Stock Expected returns Investment AAA 37% $400,000 BBB 28% $1,100,000 CCC 21% $1,500,000 DDD 64 $1,400,000 17.16% 19.43% 21.04% 22.25% 23.92% You are offered an annuity that will pay $16,000 per year for 14 years (the first payment will be made today). If you feel that the appropriate discount rate is 9%, what is the annuity worth to you today? $416,307.03 $135,790.46 $124,578.41 $453,774.66 $326,541.73