help for finance class

(Present value of a perpetuity) At a discount rate of 13.00%, find the present value of a perpetual payment of $2,500 per year, If the discount rate wore lowered to 6.50%, half the intial rate, what would be the value of the perpetuity? a. If the discount rate were 13.00%, the present valise of the perpetuily is 5 (Round to the nearest cent) b. If the discount rate were lowernd to 6.50%, hait the inilial rate, the present vatue of the perpetuity is 9 (Round to the nearest cent)