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Investment X offers to pay you $5, 300 per year for 9 years, whereas investment Y offers to pay you $7, 200 per year for

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Investment X offers to pay you $5, 300 per year for 9 years, whereas investment Y offers to pay you $7, 200 per year for 5 years. If the discount rate is 7 percent, what is the present value of these cash flows? If the discount rate is 21 percent, what is the present value of these cash flows

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