Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments? Investment Y has half the present value of Investment X. B. Investment X and Investment Y have the same present value, since the total of the cash flows is the same for both. C. Investment Y has a higher present value. D. Investment X has a higher present value. E. No comparison can be made - we need to know the interest rate to calculate the present value