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An asset was issued 9 months ago. The asset promised to make semi-annual payments (one payment every six months) of $130 each, from the date

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An asset was issued 9 months ago. The asset promised to make semi-annual payments (one payment every six months) of $130 each, from the date of issuance, for two years. All payments are equally risky and thus they have the same discount rate. You've decided that the discount rate is 6%. According to these numbers, how much is the asset worth to you today? Round your answer to the NEAREST DOLLAR. 2

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