Question: You have until 9:00 PM to complete this assignment. Intro A security pays $700 every 5 years forever. The appropriate discount rate is 5% per

 You have until 9:00 PM to complete this assignment. Intro A

You have until 9:00 PM to complete this assignment. Intro A security pays $700 every 5 years forever. The appropriate discount rate is 5% per year. The first payment is made in 5 years. Part 1 | Attempt 1/2 for 10 pts. What is the value of the security? 0+ decimals Submit

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