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What is expected selling price of a security in 4 years that pays $7,500 per year for 6 years? Use a discount rate of 6.75

image text in transcribed What is expected selling price of a security in 4 years that pays $7,500 per year for 6 years? Use a discount rate of 6.75 percent. (Do not round intermediat calculations and round your answer to 2 decimal places, e.g., 32.16.)

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