Question 8 Your friend promises you a perpetuity of $1.5 every year. If the first payment occurs in year 1, the interest rate is 10% every year, but the payment only in year 10 is $3 instead of $1.5 because of a mistake made by your friend, which of the following is right about its present value at time zero? Not yet answered Marked out of 1.00 O a $10.58 Ob $15.42 P Flag question OC. $15.00 Od $15.58 O e None of the above