You are considering investing in a security that will pay you

$5,000

in

26

years.a.If the appropriate discount rate is

9

percent,

what is the present value of this investment?b.Assume these investments sell for

$1,741

in return for which you receive

$5,000

in

26

years. What is the rate of return investors earn on this investment if they buy it for

$1,741?

a.If the appropriate discount rate is

9

percent, the present value of this investment is

$enter your response here