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Course: BUSINESS FINANCE 1: 2. Present Value and Multipie Cash Flows. Investment X offers to pay you $5,500 per year for 9 years, whereas Investment

image text in transcribedCourse: BUSINESS FINANCE 1:

2. Present Value and Multipie Cash Flows. Investment X offers to pay you $5,500 per year for 9 years, whereas Investment Y offers to pay you $8,000 per year for 5 years. Which of these cash flow streams has the higher present value if the discount rate is 6 percent? If the discount rate is 22 percent

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