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Suppose an investor is willing to pay no more than $12,000 todoy for an investment that will produce $19,000 exactly eight years from today. The

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Suppose an investor is willing to pay no more than $12,000 todoy for an investment that will produce $19,000 exactly eight years from today. The investor used a discount rate of \% p.a. 1) 4.70 2) 5.91 3) 3.89 4) 3.45 5) None of the given answers for this question are within 0.05 points of the correct answer. 6) 4.46

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