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round to two nearest decimal places Suppose a security pays you $60 at the end of each year for the next three years. And, you'll

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round to two nearest decimal places

Suppose a security pays you $60 at the end of each year for the next three years. And, you'll receive (an additional) $500 in three years from the security. The required return on the security is 4%. How much will you pay for the security today

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