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What is expected selling price of a security in 3 years that pays $3,750 per year for 7 years? Use a discount rate of 5
What is expected selling price of a security in 3 years that pays $3,750 per year for 7 years? Use a discount rate of 5 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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