Solved: It then pays 25 at the end of each year for years 21-30, Finance Basics

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It then pays 25 at the end of each year for years 21-30

A 30-year security has a price of $447.14. The security pays $50 at the end of each of the next 10 years, then pays a different cash flow amount at the end of each of the next 10 years. It then pays $25 at the end of each year for years 21-30. Interest rates are 7 percent. What is the annual cash flow amount for years 11-20?

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Finance Basics: It then pays 25 at the end of each year for years 21-30

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Finance Basics: It then pays 25 at the end of each year for years 21-30

Reference No:- TGS02898340

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