PARTIALLY CORRECT.

(Related to Checkpoint 5.6) (Solving for i) You are considering investing in a security that will pay you $5,000 in 29 years. a. If the appropriate discount rate is 8 percent, what is the present value of this investment? b. Assume these investments sell for $2,792 in return for which you receive $5,000 in 29 years. What is the rate of return investors earn on this investment if they buy it for $2,792? a. If the appropriate discount rate is 8 percent, the present value of this investment is (Round to the nearest cent.) b. The rate of return investors can earn on this investment if they buy it for $2,792 is \%. (Round to two decimal places.)