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The new winery Planet of the Grapes have 2 investments in cork stuffers. One offers to pay you $5700 a year for 9 years. The
The new winery Planet of the Grapes have 2 investments in cork stuffers. One offers to pay you $5700 a year for 9 years. The other investment offers you $7500 for 5 years. Which of these cash flow streams has the higher present value if the discount rate is 7%? If the discount rate is 20%
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