Suppose that you are considering the purchase of a security, Business Economics

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Suppose that you are considering the purchase of a security

Suppose that you are considering the purchase of a security that has the following timeline of payments:

Year Interest face value

1 600

2 600

3 600

4 600; 1000

a) How much would you be willing to pay for this security if he market interest rate is 6%?

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Business Economics: Suppose that you are considering the purchase of a security

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Business Economics: Suppose that you are considering the purchase of a security

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