British government 4% perpetuities pay 4 interest at the end of each year forever. Another bond, 2.5% perpetuities, pays 2.50 a year forever. a. What is the value of 4% perpetuities if the long-term interest rate is 6%? (Round your answer to 2 decimal places.) Perpetuity value b. What is the value of 2.5% perpetuities? (Round your answer to 2 decimal places.) Perpetuity value