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. What is the present value of a security that will pay $26,000 in 20 years if securities of equal risk pay 5% annually? Do
. What is the present value of a security that will pay $26,000 in 20 years if securities of equal risk pay 5% annually? Do not round intermediate calculations. Round your answer to the nearest cent...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
