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(Related to Checkpoint 5.6) (Solving for i) You are considering investing in a security that will pay you $5,000 in 34 years. a. If the

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(Related to Checkpoint 5.6) (Solving for i) You are considering investing in a security that will pay you $5,000 in 34 years. a. If the appropriate discount rate is 12 percent, what is the present value of this investment? a. If the appropriate discount rate is 12 percent, the present value of this investment is $ (Round to the nearest cent)

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