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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 30 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 $1,000 in 30 years. a. If the appropriate discount rate is 9 percent, what is the present value of this investment? b. Assume these investments sell for $265 in return for which you receive $1,000 in 30 years. What is the rate of return investors earn on this investment if they buy it for $265

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