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ck if correct, if not please correct value 10.00 points Investment X offers to pay you $4,600 per year for 9 years, whereas Investment Y
ck if correct, if not please correct
value 10.00 points Investment X offers to pay you $4,600 per year for 9 years, whereas Investment Y offers to pay you $6,700 per year for 5 years. If the discount rate is 4 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.) Present value $34202.52 29827.19 Investment X Investment Y If the discount rate is 14 percent, what is the present value of these cash flows? (Do not round intermediate caiculations and round your answers to 2 decimal places, e.g., 32.16.) Present value $ 22753.3 $ 23001.64 Investment X Investment Y References eBook & ResourcesStep by Step Solution
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