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You are considering investing in a security that will pay you $ 2 , 0 0 0 in 2 7 years. a . If the

You are considering investing in a security that will pay you $2,000 in 27 years. a.If the appropriate discount rate is 9 percent, what is the present value of this investment? b.Assume these investments sell for $746 in return for which you receive $2,000 in 27 years. What is the rate of return investors earn on this investment if they buy it for $746? Question content area bottom Part 1 a.If the appropriate discount rate is 9percent, the present value of this investment is $195.22.(Round to the nearest cent.) Part 2 b.The rate of return investors can earn on this investment if they buy it for $746 is ? enter your response here%.(Round to two decimal places.)

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