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22. Assume that Investment A and Investment B are expected to generate the following cash flows: If the appropriate discount rate for both investments is

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22. Assume that Investment A and Investment B are expected to generate the following cash flows: If the appropriate discount rate for both investments is 8.5% p.a., which investment is better (i.e., which investment has a larger present value)? a. Investment A b. Investment B c. These 2 investments are equal to one another (i.e., neither is preferred). 3. Assume that Investment A and Investment B are expected to generate the following cash flows: If the appropriate discount rate for both investments is 4.25% p.a., which investment is better (i.e., which investment has a larger present value)? a. Investment A b. Investment B c. These 2 investments are equal to one another (i.e., neither is preferred)

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