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British government 3.3% perpetuities pay 3.3 interest at the end of each year forever. Another...

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British government 3.3% perpetuities pay 3.3 interest at the end of each year forever. Another bond, 1.8% perpetuities, pays 1.80 a year forever. a. What is the value of 3.3% perpetuities if the long-term interest rate is 5.3%? (Round your answer to 2 decimal places.) Perpetuity value b. What is the value of 1.8% perpetuities? (Round your answer to 2 decimal places.) Perpetuity value

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