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You are considering investing in a security that will pay you $ 2 0 0 0 in 3 4 years. a . If the appropriate

You are considering investing in a security that will pay you $2000 in 34 years.
a.If the appropriate discount rate is 12 percent, what is the present value of this investment?
b.Assume these investments sell for $512 in return for which you receive $2000 in 34 years. What is the rate of return investors earn on this investment if they buy it for $512?

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