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help explain Investment X and Investment Y have the following stream of cash flows...

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Investment X and Investment Y have the following stream of cash flows (in $ millions), which investment has a lower present value, assuming the interest rate is positive and the same for both investments? Year X Y 19 0 12 0 + W NO 11 19 0 12 11 O Investment X. We need to know the interest rate to make a comparison. Investment Y. O Investment X and Investment Y have the same present value, since the total sum of the cash flows is the same for both

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