Question 6 (1 point) Sarah today pays $56,447.39 for a perpetuity due with $10,000 payments. However, her payments don't start until n years from now. If the perpetuity earns 10% annual effective interest, calculate the starting time of her first payment, n. a) 8 b) 7 c) 5 d) 6 e) 4 Question 5 (1 point) A particular asset pays $40 at the end of year one, $70 at the end of year two, and $60 at the end of year three. The asset is able to earn an annual effective yield of 10%. Calculate the Macaulay Convexity of the asset. a) 2.6 b) 4.8 c) 1.9 d) 5.7 e) 3.5