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5. What is the present value today of this security if the rate of interest is 10% per annuum? (Hint: Do not miss the negative

5. What is the present value today of this security if the rate of interest is 10% per annuum? (Hint: Do not miss the negative signs on some of the Cashflows) 0 1 2 3 4 5 6 100 200 -300 -400 1000 1200 Page 3 of 4

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