Question
Investment X offers to pay you $5,500 per year for 9 years, whereas Investment Y offers to pay you $7,900 per year for 5 years.
| Investment X offers to pay you $5,500 per year for 9 years, whereas Investment Y offers to pay you $7,900 per year for 5 years. |
| If the discount rate is 5 percent, what is the present value of these cash flows? Investment X= Investment Y=
|
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Fundamentals Of Health Care Financial Management
Authors: Steven Berger
4th Edition
1118801687, 978-1118801680
