Check my work 3 Problem 5-25 Perpetuities (LO3) British government 4% perpetuities pay $4 interest at the end of each year forever. Another bond, 22% perpetuities, pays 250 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.) eBook Print Perpetuity value 66 67 ferences b. What is the value of 2% perpetuities? (Round your answer to 2 decimal places.) Perpetuity value 100.00