Company XYZ owns a new technology that will generate a $600,000 cash inflow over the coming year (at time 1). The technology is expected to last a very long time, but future cash flows are expected to decline by 3% per year. The discount rate is 12% a. What is the PV of the technology's cash flows if the technology is assumed to last forever? b. What is the PV of the cash flows if the technology is scrapped (for zero value) after 15 years