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Related to Checkpoint 5.6) (Solving for i ) You are considering investing in a security that will pay you 54,000 in 33 years. a. If

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Related to Checkpoint 5.6) (Solving for i ) You are considering investing in a security that will pay you 54,000 in 33 years. a. If the appropriate dscount rate is B percent, what is the present value of this investment? b. Assume these investments sell for $609 in retum for which you recelve $4,000 in 33 years. What is the rate of retumn investors earn on this investment if they buy it for $609? a. If the appropriate discount rate is 8 percent, the present value of this investment is 5 (Round to the nearest cent.)

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