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16. Which of the following two streams of cash flows produces a higher Present Value? Assume a discount rate of 8.60%. a) Cash Flow A

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16. Which of the following two streams of cash flows produces a higher Present Value? Assume a discount rate of 8.60%. a) Cash Flow A b) Cash Flow B 17. Which of the following alternatives will provide the best option for a savings opportunity? a) Nominal Interest Rate of 6.25% compounded annually over 4 years b) Nominal Interest Rate of 5.50% compounded monthly over 5 years c) Nominal Interest Rate of 5.75% compounded annually over 6 years d) Nominal Interest Rate of 6.00% compounded quarterly over 5 years

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