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You are considering purchasing one of the following securities: Security A: Sales Price = $10,300.00 Fair Market Value (FMV) = $10,192.56 Security B: Sales Price = $1,200.00 Fair Market Value (FMV) = $1,182.05 Which security is most fairly priced? [Hint: the most fairly priced security is the one that offers its seller the smallest rate of profit] (Show work)

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Financial Management, Finance

Category:- Financial Management
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