Find the present value of a perpetuity of $1,500 per year, given a 20% opportunity cost.

Select one:

a. $800

b. $3,000

c. $300

d. $6,000

e. $7,500

Calculate the amount to be received at the end of year 1 that is equivalent to $150 at the end of year 1, $450 at the end of year 2, and $300 at the end of year 3, given a discount rate of 10%.

Select one:

a. $807

b. $817

c. $887

d. $975

e. $1,331