British government 3.0\% perpetuities once paid 3.0 interest each year forever. Another bond, 1.5\% perpetuities, paid 1.50 a year forever. a. What was the value of 3.0% perpetuities if the long-term interest rate was 5.0% ? Note: Round your answer to 2 decimal places. b. What was the value of 1.5% perpetuities? Note: Round your answer to 2 decimal places. British government 3.0\% perpetuities once paid 3.0 interest each year forever. Another bond, 1.5\% perpetuities, paid 1.50 a year forever. a. What was the value of 3.0% perpetuities if the long-term interest rate was 5.0% ? Note: Round your answer to 2 decimal places. b. What was the value of 1.5% perpetuities? Note: Round your answer to 2 decimal places