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Investment X offers to pay you $52,194 per year for nine years at a discount rate of 4.5%, Investment Y offers to pay you $35,441

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Investment X offers to pay you $52,194 per year for nine years at a discount rate of 4.5%, Investment Y offers to pay you $35,441 per year for thirteen years at a discount rate of 2.6%. Investment Z offers to pay you $26,120 per year for seventeen years at a discount rate of 2%. Which of these cash flow streams has the higher present value? Select one: a Investment Y b. They're all the same Investment X d.Investment z

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