Time value Jim Nance has been offered an investment that will pay him $500 years from today. a. If his opportunity cost is 7% compounded annually, what value should be on this opportunity today? c. If Jim can purchase this investment for less than the amount calculated in part a, what does that imply about the rate of return that he will earn on the investment? Time value Jim Nance has been offered an investment that will pay him $500 years from today. a. If his opportunity cost is 7% compounded annually, what value should be on this opportunity today? c. If Jim can purchase this investment for less than the amount calculated in part a, what does that imply about the rate of return that he will earn on the investment