Question: Two projects have the following cash flows. Year Project X Cash Flow $9,500 $9,000 $8,500 $8,000 2 Project Y Cash Flow $8.000 $8,500 $9,000 $9,500

Two projects have the following cash flows. Year Project X Cash Flow $9,500 $9,000 $8,500 $8,000 2 Project Y Cash Flow $8.000 $8,500 $9,000 $9,500 3 4 Pick the true statement concerning these two projects given a positive discount rate from below? (No calculations needed) Multiple Choice Both projects have the same future value at the end of Your 43 Both projects have the same value at Time O Both projects have the same future value at the end of Year 4. O Both projects have the same value at Time 0. LO Both projects are ordinary annuities. O Project Y has a higher present value than Project X Project X has both a higher present and a higher future value than Project Y
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