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You are tasked with estimating the fair market value of security uneven payments. The table below shows that quarterly payment schedule (each cash flow occurs

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You are tasked with estimating the fair market value of security uneven payments. The table below shows that quarterly payment schedule (each cash flow occurs at end of the quarter). You consider 7.2% p.a to be the appropriate opportunities cost. What is the theoretical value of this security? (Draw a cash flow diagram) $1, 806.41

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