gins Q 5.38. You must value a perpetual lease. It will cost $100,000 each year in real terms-that is, its proceeds will not grow in real terms, but just contractually keep pace with inflation. The prevailing interest rate is 8% per year, and the inflation rate is 2% per year forever. The first cash flow of your project next year is $100,000 quoted in today's real dollars. What is the PV of the project? (Warning: Watch the timing and amount of your first payment.) Fin Pres ditis Ive Q 5.39. If the real rate of return has been about 1% per month For long-term bonds, what would be the value of an investment that costs $100 today and returned $200 in 10 years? il