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Caiculate the no-arbitrage price, of the price that eliminates any arbitrage opportuntes, of a nea socurity, B4, that pays nisk-free cash fows of $500 in

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Caiculate the no-arbitrage price, of the price that eliminates any arbitrage opportuntes, of a nea socurity, B4, that pays nisk-free cash fows of $500 in one year and $1,000 in fhree years. The current no-arbitrage price of Securiby B4 is: (round your answer to two decimat places)

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