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You are considering investing in a security that will pay you $ 2,000 in 32 years. a.If the appropriate discount rate is 11 percent, what

You are considering investing in a security that will pay you $ 2,000 in 32 years. a.If the appropriate discount rate is 11 percent, what is the present value of this investment? b.Assume these investments sell for $ 723 in return for which you receive $ 2000 in 32 years. What is the rate of return investors earn on this investment if they buy it for $723?

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