homework

Investment X offers to pay you $6.100 per year for 9 years, whereas Investment Y offers to pay you $8.700 per year for 5 years. If the discount rate is 5 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 Investment X Investment y If the discount rate is 15 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 Investment X Investment y Find the EAR in each of the following cases (Use 365 days a year. Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.). Stated Rate (APR) 9.6% Effective Rate (EAR) % 18.6 Number of Times Compounded Quarterly Monthly Daily Infinite 14.6 11.6