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Investment X offers to pay you $9,125 per year for nine years at a discount rate of 4.5%, Investment Y offers to pay you $5,951

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Investment X offers to pay you $9,125 per year for nine years at a discount rate of 4.5%, Investment Y offers to pay you $5,951 per year for thirteen years at a discount rate of 2.6%. Investment Z offers to pay you $4,310 per year for seventeen years at a discount rate of 2%. Which of these cash flow streams has the higher present value? Select one: a.Investment X b.Investment Y c.Investment z O d. They're all the same

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