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Investment X offers to pay you $6000 per year for 14 years, whereas investment Y offers to pay you $8000 per year for 11 years.
Investment X offers to pay you $6000 per year for 14 years, whereas investment Y offers to pay you $8000 per year for 11 years. If the discount rate is 10 percent, Investment X has a present value of $_________, and Investment Y has a present value of $________. If the discount rate is 19 percent, Investment X has a present value of $__________, and Investment Y has a present value of $___________.
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
9th edition
978-0077459451, 77459458, 978-1259027628, 1259027627, 978-0073382395
