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What is the present value of a security that will pay $14,000 in 30 years if securitiesof equal risk pay 6 percent annually? a. 11,200.00

What is the present value of a security that will pay $14,000 in 30 years if securitiesof equal risk pay 6 percent annually?

a. 11,200.00

b. $80,408. 88

c. $7,756.27

d. $2,437.54

e.$13,207.55

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