Question: QUESTION 10 10 points Practice calculating the Present Value with non-annual compounding (Section 5-15 and Video) What is the present value of a security that

 QUESTION 10 10 points Practice calculating the Present Value with non-annual

QUESTION 10 10 points Practice calculating the Present Value with non-annual compounding (Section 5-15 and Video) What is the present value of a security that will pay a single cash flow of $443 in 10 years if securities of equal risk pay 6% annually? Assume semi-annual compounding Round your answer to the nearest two decimals &

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