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Investment x offers to pay you $ 4 , 7 0 0 per year for eight years, whereas Investment Y offers to pay you $
Investment offers to pay you $ per year for eight years, whereas Investment offers to pay you $ per year for five years. Which of these cash flow streams has the higher present value if the discount rate is percent? If the discount rate is percent?
Complete your analysis setting up the spread sheet.
Do not hard code values in your calculations.
All answers should be positive.
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