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you will purchase a financial paper in 2018 that will pay $1,000 starting from the year 2021 for 4 years, and you can always generate

you will purchase a financial paper in 2018 that will pay $1,000 starting from the year 2021 for 4 years, and you can always generate 5.5% in the market each year.

a. What is the fair price for the financial paper at year 2018 ?

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