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Problem 7 Intro A security pays $800 every 6 years forever. The appropriate discount rate is 3% (EAR). Part 1 Attempt 1/2 for 10

Problem 7 Intro A security pays $800 every 6 years forever. The appropriate discount rate is 3% (EAR). Part 1 Attempt 1/2 for 10 pts. What is the value of the security if the first payment occurs 3 years from now? 0+ decimals Submit

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