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British government 4 . 9 % perpetuities once paid 4 . 9 interest each year forever. Another bond, 3 . 4 % perpetuities, paid 3

British government 4.9% perpetuities once paid 4.9 interest each year forever. Another bond, 3.4% perpetuities, paid 3.40 a year forever.
What was the value of 4.9% perpetuities if the long-term interest rate was 6.9%?
Note: Round your answer to 2 decimal places.
What was the value of 3.4% perpetuities?

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