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Consider a security that will pay the owner $4,555 in two years and then another $6,500 in four years. If the interest rate is 10%,
Consider a security that will pay the owner $4,555 in two years and then another $6,500 in four years. If the interest rate is 10%, what is the present value of this security?
A. $8,204
B. $8,444
C. $8,720
D. $8,990
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