You are considering investing in a security that will pay you $$$$2$ comma $000$ in $25$ years.

a$.$If the appropriate discount rate is $11$ percent$,$ what is the present value of this$$ investment?

b$.$Assume these investments sell for $$$$763$ in return for which you receive $$$$2$ comma $000$ in $25$ years. What is the rate of return investors earn on this investment if they buy it for $$$$763?$