slv

(Related to Checkpoint 5.6) (Solving for ) You are considering investing in a security that will pay you $3,000 in 29 years. a. If the appropriate discount rate is 12 percent, what is the present value of this investment? b. Assume those investments sell for $766 in return for which you receive $3,000 in 20 years. What is the role of retum investors earn on this investment if they buy it for $7682 a. If the appropriate discount rate is 12 percent, the present value of this investment is $(Round to the nearest cent.)