Question: John is buying a security that will pay $810 each year for the next 9 years. He is thinking about selling the security in 4

John is buying a security that will pay $810 each year for the next 9 years. He is thinking about selling the security in 4 years. What price does John think he can sell the security for, if he believes the interest rate will be 7% in 4 years?

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