Question 2 12 points Perpetuities and retums. a. Assume today's discount rate is 6% per year compounded annually. What is the value of a perpetuity that pays $1,000 per year if the first payment is to be received in two years? (4 points) b. If one year from today the discount rate is 5% per year compounded semi-annually, what is the one-year holding period return on the perpetuity from part (a)? (8 points)