What is the present value of security

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Present value

What is the present value of a security that will pay $31,000 in 20 years if securities of equal risk pay 11% annually? Round your answer to the nearest cent. $  

Reference no: EM131316586

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What is the present value of security : What is the present value of a security that will pay $31,000 in 20 years if securities of equal risk pay 11% annually?
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