En Moeing 400m Question 20 4 pts What is the difference in present value between a perpetuity that pays $500 per year and an ordinary annuity that pays $500 per year for 21 years? Assume a discount rate of 6% and cash flows at the end of the period. (Enter your dollar answer as a number rounded to 2 decimal places. For example: $100.25 would be entered as 100.25). D Question 21 4 pts Evaluate the following project using an IRR criterion, based on a 10% opportunity cost of capital: CFO = -$6,000 CF1 = $3,300 CF2 = $3,600 Accept; because the IRR exceeds the opportunity cost Reject; because the IRR exceeds the opportunity cost Accept; because the opportunity cost exceeds the IRR Reject; because the opportunity cost exceeds the IRR