Question: Question 5 (of 8) > value: 1.25 points Valuing Delayed Annuities Suppose that you will receive annual payments of $15,250 for a period of 15

 Question 5 (of 8) > value: 1.25 points Valuing Delayed Annuities

Question 5 (of 8) > value: 1.25 points Valuing Delayed Annuities Suppose that you will receive annual payments of $15,250 for a period of 15 years. The first payment will be made 8 years from now. If the interest rate is 6.00%, what is the value of the annuity in year 7, what is the current value of this stream of cash flows ? (Do not round intermediate calculations. Round your answer to 2 decimal places.) $ Value of the Security in Year 7 Value of the Security today $

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