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What is the present value of a security that will pay $6,000 in 20 years if securities of equal risk pay 7% annually? Round your
What is the present value of a security that will pay $6,000 in 20 years if securities of equal risk pay 7% annually? Round your answer to the nearest cent.
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
