Question: What is the present value of a security that will pay $6,000 in 20 years if securities of equal risk. pay 8% annually? Do not

What is the present value of a security that will pay

What is the present value of a security that will pay $6,000 in 20 years if securities of equal risk. pay 8% annually? Do not round intermedalt calculations. Round your answer to the nearest cent

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