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(Solving for i) You are considering investing in a security that will pay you $2,000 in 26 years. a.If the appropriate discount rate is 8
(Solving for i) You are considering investing in a security that will pay you $2,000 in 26 years. a.If the appropriate discount rate is 8 percent, what is the present value of this investment? b.Assume these investments sell for $610 in return for which you receive $2,000 in 26 years. What is the rate of return investors earn on this investment if they buy it for $610? a.If the appropriate discount rate is 8 percent, the present value of this investment is $
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