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Assume that Investment X and Investment Y are expected to generate the following cash flows: What annual interest rate, rounded to 2 decimal places, would
Assume that Investment X and Investment Y are expected to generate the following cash flows: What annual interest rate, rounded to 2 decimal places, would make the present value of these two investments approximately equal (i.e., within $0.25 of each other)? a. 3.33% b. 6.96% c. 12.25% d. 18.80% e. 20.07% f. None of the interest rates listed above makes the present value of these two investments less than $0.25 apart. Assume that Investment X and Investment Y are expected to generate the following cash flows: What annual interest rate, rounded to 2 decimal places, would make the future value of these two investments approximately equal (i.e., within $0.25 of each other)? a. 3.33% b. 6.96% c. 12.25% d. 18.80% e. 20.07% f. None of the interest rates listed above makes the present value of these two investments less than $0.25 apart
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