ion II Two wordproblems (Points as indicated Section Total. 86 points) this section. Solve the exercises in the space below each problem. Note: All relevant w Donot use k must be shown. for including equation/formula and/or financial calculator inputs and outputs! Problem 1. Tobi owns a perpetuity that will pay $1,500 to a year, starting one year from now A) What is the present value of the perpetuity? The discount rate is 8%. (15 points) B) If Tobi offers to sell you all of the remaining payments after the next 25 payments have been paid. What price (to be paid today) should you offer him for payments 26 onward? The discount rate is still 8%. (15 points)