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Question 7 (5 points) If the interest rate is 4%, what is the present value of a security that pays you $800 next year, $1,000

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Question 7 (5 points) If the interest rate is 4%, what is the present value of a security that pays you $800 next year, $1,000 the year after, and $1,200 the year after that? What happens to present value if interest rates increase to 6%

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