Homework: 3-1 MyFinanceLab Assignment Question 8, P5-17 (simil. Parol HW Score: 841 42 of 60 points O Points: 0 of 4 @ Related to Checkpoint Solving for you considency lat will pay you 1000 a. the appropriate countes 12 percent when the testant 6. As the mossellot 5247 w which you rece51.000 years. Whethe town on menty by for $242% the protectivement = Homework: 3-1 MyFinanceLab Assignment Question 8, P5-17 (simil HW Score: 84%. 42 of 50 points Points: 0 of 4 Part 1 of 2 (Related to Checkpoint 5.6) (Solving for you are considering investing in a secunty that will pay you $1,000 in 26 years a. If the appropriate discount rate is 12 percent, what is the present value of this investment? b. Assume these investments sell for $247 in retum for which you receive $1,000 in 26 years What is the rate of retum investors earn on this investment if thny buy it for $2477 a. If the appropriate discount rate is 12 perennt, the present value of this investment is $ (Round to the nearest cant)