ou are considering investing in a security that will pay you $4000 in 27 year...

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Accounting

ou are considering investing in a security that will pay you $4000 in 27 year
a.If the appropriate discount rate is 11 percent, what is the present value of this investment?
b.Assume these investments sell for $862 in return for which you receive $4000 in 27 years. What is the rate of return investors earn on this investment if they buy it for $862?

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