The Doug and Bob Corporation is selling a perpetual annuity contract that pays $30,000 per year. The contract currently states the annuity will start payments in year 10 . If the going rate of return on this investment is 10%, what should we be willing to pay for the perpetual annuity today (approximately)? a) $139,952 b) $105,148 c) $115,663 d) $127,229 * e) $300,000 You want to receive quarterly payments of $3000, beginning at the end of this quarter. You want to receive payments for 25 years and the cost of the annuity is $100,000. What is the APR on this investment (approximately)? a) 2.81% b) 6.73% c) 11.25% d) 2.62% e) 10.49%