a. Esther has paid $300,000 to purchase a perpetual bond from ALPS Investment Group which will pay her and her inheritors $26,000 per year forever. What is the rate of return offered by ALPS Investments Group for this perpetual bond? Show all your calculations. 3 marks b. North Cape Oil Group is considering drilling a new oil well at a cost of $5,200,000 today. The new oil well will produce $500,000 worth of oil per year forever, beginning one year from now. If the required rate of return is 8.5%, will it be profitable for North Cape Oil Group to invest in the new oil well project? Show all your calculations and explain your answers