Question: Present Value and Multiple Cash Flows Investment X offers to pay you 57.000 per year for eight years, whereas Investment Y offers to pay you

Present Value and Multiple Cash Flows Investment X offers to pay you 57.000 per year for eight years, whereas Investment Y offers to pay you 59.000 per year for five years. Which of these cash flow streams has the higher present value if the discount rate is 5 percent if the discount rate is 22 percent?

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To find the PVA we use the equation PVA C1 11 rt r At a 5 percent interest r... View full answer

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