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Present Value and Multiple Cash Flows: Investment X offers to pay you $ 4 , 5 0 0 per year for nine years, whereas Investment
Present Value and Multiple Cash Flows: Investment X offers to pay you $ per year for nine years, whereas Investment Y offers to pay you $ per year for five years. Which of these cash flow streams has the higher present value if the discount rate is percent? If the discount rate is percent?
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
6th Edition
003025809X, 978-3540014386
