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( Related to Checkpoint 5 . 6 ) ( Solving for i ) You are considering investing in a security that will pay you $

(Related to Checkpoint5.6)(Solving for i) You are considering investing in a security that will pay you $ in years.
a.If the appropriate discount rate is percent, what is the present value of this investment?
b.Assume these investments sell for $ in return for which you receive $ in years. What is the rate of return investors earn on this investment if they buy it for $?

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