Assume Ziggy will receive a perpetual payment (i.e. a perpetuity) of $25,000 that will neither grow nor decrease over the years. Assuming the interest rate of 8% and the first payment will be made next year (that is, such that t = 1), what is the present value of the perpetuity here? O $312,500 O $423,000 $578,230 O $784,560 D Question 15 2.5 pts Same facts as above: what will be the present value of the perpetuity if the payments grow by 2% each year? o $312,500 O $403,000 O $416,667 O $430,000