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? Which of these cash flow streams has the higher present value at 7 percent? If the discount rate is 21 percent what is the present value of these cash flows? Which of these cash flow streams has the higher present value at 21 percent