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Investment X offers to pay you $6,900 per year for 9 years, whereas Investment Y offers to pay you $9,300 per year for 5 years.

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Investment X offers to pay you $6,900 per year for 9 years, whereas Investment Y offers to pay you $9,300 per year for 5 years. If the discount rate is 7 percent, 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 nvestment X Investment Y lf he discount rate is 21 percent, what is the present value of these cash fl s? Do not round intermediate calcu ations and round your ans vers o 2 de mal piaces e. 321 Present Value Investment X Investment Y

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