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Are the following cash flow diagrams economically equivalent if the interest rate is 6% per year? 5M 4M 4M 4M4M 4M 3M 2M 4 4

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Are the following cash flow diagrams economically equivalent if the interest rate is 6% per year? 5M 4M 4M 4M4M 4M 3M 2M 4 4 2 EOY 2 EOY The left-hand diagram's discounted value at the EOY 0 is $ 12.327 M. (Round to three decimal places.) The right-hand diagram's discounted value at the EOY 0 is $ 13.860 M. (Round to three decimal places.) Choose the correct answer below. O The cash flow diagrams are economically equivalent. The cash flow diagrams are not economically equivalent

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