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13 (Related to Checkpoint 5.6) (Solving for :) You are considering investing...

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(Related to Checkpoint 5.6) (Solving for :) You are considering investing in a security that will pay you $4,000 in 27 years a. If the appropriate discount rate is 8 percent, what is the present value of this investment? b. Assume these investments sell for $2,264 in return for which you receive $4,000 in 27 years What is the rate of our investors eam on this investment if they buy it for $2.2647 a. If the appropriate discount rate is 8 percent, the present value of this investment is Round to the nearest cont)

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