Question: help solving part b (Related to Checkpoint 5.6) (Solving for you are considering investing in a security that will pay you 52,000 in 31 year
(Related to Checkpoint 5.6) (Solving for you are considering investing in a security that will pay you 52,000 in 31 year a. If the appropriate discount rate 9 percent, what is the present value of this investment? b. Assume these investments sell for $1.069 in return for which you receive 52.000 in 31 years. What is the rate of return investors can on this investment they buy for $1.0697 a. If the appropriate discount rate is 9 percent, the present value of this investment is $138.30 Round to the nearestent b. The rate of return investors can earn on this levestment if they buy it for $1,069(Round to two decimal phacom
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