FIN/370 - Investment X offers to pay you $4,700 per year

FIN/370 - Investment X offers to pay you $4,700 per year

Question # 00476635 Posted By: katetutor Updated on: 02/03/2017 11:15 PM Due on: 02/04/2017
Subject Finance Topic Finance Tutorials:
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Investment X offers to pay you $4,700 per year for eight years, whereas Investment Y offers to pay you $6,700 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 15 percent?


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    Tutorial # 00472824 Posted By: katetutor Posted on: 02/03/2017 11:16 PM
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