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Ch 5 Homework Submined 100/100 Total points awarded Help Exit Show correct ans answers 1 9/10 oints awarded Investment X offers to pay you $7,500

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Ch 5 Homework Submined 100/100 Total points awarded Help Exit Show correct ans answers 1 9/10 oints awarded Investment X offers to pay you $7,500 per year for 9 years, whereas Investment Y off to pay you $10,200 per year for 5 years. a. If the discount rate is 6 percent, what is the present value of these cash flows? (DO round intermediate calculations and round your answers to 2 decimal places, e 32.16.) b. If the discount rate is 22 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) Scored

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