What is the present value of a perpetual stream of cash flows that pays

$2 comma 5002,500

at the end of year one and the annual cash flows grow at a rate of

33%

per year indefinitely, if the appropriate discount rate is

1111%?

What if the appropriate discount rate is

99%?

a.If the appropriate discount rate is

1111%,

the present value of the growing perpetuity is

$nothing.

(Round to the nearest cent.)