Which of the following investments has a higher present value, assuming the same (strictly positive)...
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Accounting
Which of the following investments has a higher present value, assuming the same (strictly positive) interest rate applies to both investments? Investment Y has half the present value of Investment X. B. Investment X and Investment Y have the same present value, since the total of the cash flows is the same for both. C. Investment Y has a higher present value. D. Investment X has a higher present value. E. No comparison can be made - we need to know the interest rate to calculate the present value
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