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What is the present value of a security

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Reference no: EM132761607

Question: What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 9% annually? Do not round intermediate calculations. Round your answer to the nearest cent. The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132761607

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