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investment x offers to pay you $5300 per year for eight years, whereas investment y offers to pay you $7300 per year for five years.
investment x offers to pay you $5300 per year for eight years, whereas investment y offers to pay you $7300 per year for five years. which of these cash flow streams has the higher present value if the discount rate is 5 percent? if the discount rate is 15 percent?
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