What is the present value of a bond with face value of $100,000 and a 5% coupon paid annually, with 4 years to maturity and yielding 8%? Select one: O $90,064 $100,000 $110,638 $92,312 What is the present value of a perpetuity of $50,000 received at the end of each year when the interest rate is 3% per annum? Select one: $1,666,667 $426,510 $743,874 $1,286,488