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25) Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments? A) X has
25) Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments? A) X has the higher NPV B) Y has the higher NPV C) The NPVs are equal D) Not enough information. We need an interest rate to solve
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