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The promised cash flows of three securities are listed below. If the cash flows are risk-free, and the risk-free interest rate is 5.0%, determine the

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The promised cash flows of three securities are listed below. If the cash flows are risk-free, and the risk-free interest rate is 5.0%, determine the no-arbitrage price of each security before the first cash flow is paid. (Click on the following icon in order to copy its contents into a spreadsheet.) Security ABC Cash Flow Today ($) 400 0 800 The no-arbitrage price of security A is $ Cash Flow in One Year ($) 400 800 0 (Round to the nearest cent.)

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