You have two assets and must calculate their values today based on their payment streams and required returns. Asset 1 has a required return of 7

7% and will produce a stream of $600

600 starting at year 1 and continuing indefinitely. Asset 2 has a required return of 6

6% and will produce anend-of-year cash flow of $1 comma 100

1,100 in 1year, $ 1 comma 800

$1,800 in 2years, and $700

700 in 3 years.

Solving for

The value of Asset 1 today is $

nothing

The value of Asset 2 today is $

nothing