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ou are considering investing in a security that will pay you $ 1 0 0 0 in 3 3 years. a . If the appropriate

ou are considering investing in a security that will pay you $1000 in 33 years.
a.If the appropriate discount rate is 9 percent, what is the present value of this investment?
b.Assume these investments sell for $468 in return for which you receive $1,000in 33 years. What is the rate of return investors earn on this investment if they buy it for $468

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