Question: Please help solve and explain this question. Thank you Which of the following investments has a higher present value, assuming the same (strictly positive) interest

 Please help solve and explain this question. Thank you Which of

Please help solve and explain this question. Thank you

Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments? Year Investment X Investment Y $5,000 $11,000 $7,000 $9.000 $9,000 $7,000 $11,000 $5,000 A. Investment X has a higher present value. B. Investment Y has a higher present value. C. Investment X and Investment Y have the same present value, since the total of the cash flows is the same for both. D.No comparison

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