. 3 9 3 Investment X offers to pay you $5,300 per year for eight years, whereas Investment Y offers to pay you $7,300 per year for five years. Which of these cash flow streams has the higher present value if the discount rate is 5 percent? If the discount rate is 15 percent? Input area: Payment for X Number of years for X Payment for Y Number of years for Y Discount rate Discount rate 15 Output area: 16 17 Value of X at 5% 18 Value of Y at 5% 19 Value of X at 15% 20 Value of Y at 15% = $5,300 A Gode 8 $7,300 0 1 2 13 (Use cells A6 to B11 from the given information to complete this question.Your answers should be positive values.) 14 5 5% 15% Office Online Frame K L M

Investment X offers to pay you $5,300 per year for eight years, whereas Investment Yoffers to pay you $7,300 per vear for five years. Which of these cash flow streams has the higher present value if the discount rate is 5 percent? If the discount rate is 15 percent? Input area: is (Use cells A6 to B11 from the given information to complete this question.Your answers should be positive values.)