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please help Related to Checkpoint 5.6) (Solving for i ) You are considering investing in a security that will pay you $1,000 in 26 years.
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Related to Checkpoint 5.6) (Solving for i ) You are considering investing in a security 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 $237 in return for which you receive $1,000 in 26 years. What is the rale of retum investors eam an this itvestn if they buy it for \$237? a. If the appropriate discount rate is 12 percent, the present value of this investment is 4 (Round to the nearest cant.) b. The rate of return investors can earn on this investment if they buy it for $237 is (Round to two decimal places) Step by Step Solution
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