A security pays $ 8 0 0 every eight years forever. The appropriate discount rate is 3

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A security pays $

800

every eight years forever. The appropriate discount rate is

3 %

EAR.

What is the value of the security if the first payment occurs four years from now?

Posted Date: May 18, 2024 05:15 PM

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A security pays $ 8 0 0 every eight years forever. The appropriate discount rate is 3

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