Consider the cashflows provided by the following two assets: 

Asset I: Fixed half-yearly cash flows that last forever. The first payment of $80,000 starts 6 months from now. 

Asset II: Fixed half-yearly cash flows of $90,000 lasting for 20 years. The first payment begins today (immediately) and the last payment occurs in exactly 20 years. 

If the relevant half-yearly rate for both assets is 6%, which asset will you pay more to buy today? Support your answer with calculations.