# Question: Assume you invest 5 000 today in an investment that promises

Assume you invest $5,000 today in an investment that promises to return $9,000 in exactly 10 years.

a. Use the present value technique to estimate the yield on this investment.

b. If a minimum return of 9% is required, would you recommend this investment?

a. Use the present value technique to estimate the yield on this investment.

b. If a minimum return of 9% is required, would you recommend this investment?

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