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Solution Library
Calculation Of Discount Rate For Security Payout
Question
A securities provide a payout of $30,000 each year for 6 years. Suppose first amount comes in one year. What is the sale value of the security if the discount rate is 7%?
Summary
The question belongs to Finance and it discusses about the calculation of discount rate for a security payout for 6 years. The solution has the calculation.
Total Word Count 39
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