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Investment X offers to pay you $4,500 per year for 9 years, whereas Investment Y offers to pay you $6,600 per year for 5 yeaIf
Investment X offers to pay you $4,500 per year for 9 years, whereas Investment Y offers to pay you $6,600 per year for 5 yeaIf the discount rate is 6 percent, what is the present value of these cash flows?If the discount rate is 16 percent, what is the present value of these cash flows?
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