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Investment One offers to pay you $19,500 per year for nine years, while Investment Two offers to pay you $30,500 per year for five years.
Investment One offers to pay you $19,500 per year for nine years, while Investment Two offers to pay you $30,500 per year for five years. Which of these investments offers the higher present value a. if your required rate of return is fourteen percent? b. If your required rate of return is twenty-four percent? c. At what required rate of return would these two investments have the same present value?
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