Question: 5.02:Not Answered the eBook: Present Values Problem Walk-Through PRESENT VALUE what is the present value of a security that will pay $14,000 in 20 years

 5.02:Not Answered the eBook: Present Values Problem Walk-Through PRESENT VALUE what

5.02:Not Answered the eBook: Present Values Problem Walk-Through PRESENT VALUE what is the present value of a security that will pay $14,000 in 20 years if securities of equal risk pay 11% annually? Round your answer to the nearest cent

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