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Investment X offersto pay you $5,900 per year for 9 years, whereas Investment Y offers to pay you $8,700 per year for 5 years If

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Investment X offersto 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 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 Investment X 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.g 32.16.) Present value Investment X Investment Y

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