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What is the present value of a security that will pay $7500.00 in 18 years if securities of equal risk pay 9% annually? $1,679.45 $1,292.10

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What is the present value of a security that will pay $7500.00 in 18 years if securities of equal risk pay 9% annually? $1,679.45 $1,292.10 None of the above $1,693.57 $1,589.95

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