What is the present value of a security that will pay $5,000 in 20 years if securities

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What is the present value of a security that will pay $5,000 in 20 years if securities of equal risk pay 7% annually? Discuss.

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Oct 05, 2011 09:49 AM

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