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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

You are considering investing in a security that will pay you $2,000 in 34 years. a. If the appropriate discount rate is 11 percent, what is the present value of this investment? b. Assume these investments sell for $507 in return for which you receive $2,000 in 34 years. What is the rate of return investors earn on this investment if they buy it for $507? If the appropriate discount rate is 11percent, the present value of this investment is $

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