What is the price of a perpetuity that has a coupon of

$$$$6565$

per year and a yield to maturity of

$22\%?$

The price of the perpetuity is

$$$$32503250.$

$($Round to the nearest$$ dollar.$)$

Part $2$

If the yield to maturity

triplestriples$,$

what will happen to the$$ perpetuity's price?

The new price is

$$$enter your response here.

$($Round to the nearest$$ dollar.$)$