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Investment X offers to pay you $5900 per year for 9 years whereas Investment Y offers to pay you $8700 per year for 5 years If the discount rate is 4 percent what is the present value of these

Investment X offers to pay you $5,900 per year for 9 years, whereas Investment Y offers to pay you $8,700 per year for 5 years.

 

If the discount rate is 4 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

    Present value
  Investment X $    
  Investment Y $    
 

    

If the discount rate is 14 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

 
    Present value
  Investment X $    
  Investment Y $    
 
 
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Apr 02 2020 View more View Less

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