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Investment X offers to pay you $7,900 per year for 9 years, whereas Investment Y offers to pay you $10,800 per year for 5 years.

A) If the discount rate is 8 percent, what is the present value of these cash flows?

B) If the discount rate is 20 percent, what is the present value of these cash flows?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91674503

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