1. Holly just won the $25 million lottery. She'll be paid $1 million per year for 25 years with her first payment coming today. At a 6% discount rate, what is the present value of her winnings? Please solve using financial calculator.
2. Find the present value of the following stream of cash flows, assuming that the firm's opportunity cost is 25 percent.
3. What are the portfolio weights for a portfolio that has 146 shares of Stock A that sell for $30 per share and 105 shares of Stock B that sell for $22 per share? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)