Consider an investment that pays $1000 certain at the end of each of the next four years.If the investment costs $3,500 and has a net present value (NPV)of $74.26,then the four year risk-free interest rate is closest to:
A)4.5%
B)4.58%
C)4.55%
D)4.53%

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The Answer of Consider an investment that pays $1000 certain at the end of each of the next four years.If the investment costs $3,500 and has a net present value (NPV)of $74.26,then the four year risk-free interest rate is closest to:
A)4.5%
B)4.58%
C)4.55%
D)4.53%

Consider an Investment That Pays $1000 Certain at the End