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3) What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually? Please

3) What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually?

Please show calculator or excel steps. (Identify N, I/Y, PV, PMT, and FV)

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