Question: eBoOR What is the present value ofa security that will pay $3,000 in 20 years if securities of equal risk pay 4% annually? Do not

 eBoOR What is the present value ofa security that will pay

eBoOR What is the present value ofa security that will pay $3,000 in 20 years if securities of equal risk pay 4% annually? Do not round intermediate calculations. Round your answer to the nearest cent. 17 18 19

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