You just won the lottery, which promises you $540,000 per year for the next 20 years, starting in one year. If your discount rate is 8.25%, what is the present value of your winnings? O $5,470,679 O $5,356,196 O $5,426,920 O $5,204,600 $5,475,199 You decide to form a portfolio with the following amounts invested in the following stocks. What is the beta of the portfolio? Stock Amount Beta Bank of America $4,800 0.90 General Motores $1,200 1.10 JCPenney $3,000 1.25 Seagate $3,000 1.60 Expected Return 13.5% 14.5% 15.8% 18.1% O 1.126 O 1.1825 1.00 1.425 1.2125 You decide to form a portfolio with the following amounts invested in the following stocks. What is the beta of the portfolio? Stock Amount Beta Bank of America $7,800 0.90 General Motores $1,200 1.10 JCPenney $3,000 1.25 Seagate $3,000 1.60 Expected Return 13.5% 14.5% 15.8% 18.1% O 1.2125 O 1.425 1.00 O 1.1825 1.126