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Investment X offers to pay you $5.900 per year for 9 years, whereas Investment Y offers to pay you $8,700 per year for 5 years.
Investment X offers to pay you $5.900 per year for 9 years, whereas Investment Y offers to pay you $8,700 per year for 5 years. If the discount rate is 4 e..ent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment Investment y If the discount rate is 14 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.... 32.16.)
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