Answer
Yes, it exerts a force of equal magnitude.
Work Step by Step
Newton's third law. If the magnet exerts a force on the paper clip, we find that the paper clip exerts an equal and opposite force on the magnet.
This is discussed on page 76.
Conceptual Physics (12th Edition)
by Hewitt, Paul G.
Published by
Addison-Wesley
ISBN 10:
0321909100
ISBN 13:
978-0-32190-910-7
Chapter 24 - Think and Explain - Page 467-468: 53
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