A perpetuity pays $250 per year and the interest rate is 4% per annum for the foreseeable future. What will be the present value of this perpetuity? $6,250 O $10,000 QUESTIONS The coupon rate for a bond is 4% per annum and its yield to maturity is 5%. The price of this bond will be O greater than the par value. o less than the par value QUESTION 6 Based on the rule of 72 how long it will take (approximately) for an one time investment of $1,000 to grow into $2,000 if the Interest Is 8% per annum rest rate 9 years 12 years