F (similar to) ue o Checkpoint 6.5) (Present value of a growing perpetuity) What is the present value of a perpetual stream of cash flows that pays $5,500 at the end of year one and the annual cash flows grow at a rat , if the appropriate discount rate is 12%? What if the appropriate discount rate is 10%? ppropriate discount rate is 12%, the present value of the growing perpetuity is $ . (Round to the nearest cent.)