ed < Back to Assignment Attempts: 0 0 Keep the Highest: 0/1 2. Problem 5.02 Click here to read the eBook: Present Values Problem Walk-Through PRESENT VALUE What is the present value of a security that will pay $11,000 in 20 years if securities of equal risk pay 3% annually? Round your answer to the nearest cent. $ ed < Back to Assignment Attempts: 0 0 Keep the Highest: 0/1 2. Problem 5.02 Click here to read the eBook: Present Values Problem Walk-Through PRESENT VALUE What is the present value of a security that will pay $11,000 in 20 years if securities of equal risk pay 3% annually? Round your answer to the nearest cent. $