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Business, 24.07.2019 11:20 angmendezdiaz

Investment x offers to pay you $5,500 per year for 9 years, whereas investment y offers to pay you $7,900 per year for 5 years. if the discount rate is 5 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)

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