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Selling Price John is buying a security that will pay $720 each year for the next 11 years. He is thinking about selling the security
Selling Price John is buying a security that will pay $720 each year for the next 11 years. He is thinking about selling the security in 7 years. What price does John think he can sell the security for, if he believes the interest rate will be 10% in 7 years? Numeric Response
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