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  3. c. find the pv of $1,000 due in 6 years if the dis

c. Find the PV of $1,000 due in 6 years if the discount rate is...

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c. Find the PV of $1,000 due in 6 years if the discount rate is 12%. Round your answer to the nearest cent. $ d. A security has a cost of $1,000 and will return $2,000 after 6 years. What rate of return does the security provide? Round your answer to two decimal places. %

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