Investment X offers to pay you $6,000 per year for nine years, whereas Investment Y offers to pay you $8,000 per year for six years. Which of these cash flow streams has the higher present value if the discount rate is 5%? If the discount rate is 22
Please upvote if the ans is helpful.In case of doubt,do comment.Thanks.
Get Answers For Free
Most questions answered within 1 hours.