You are considering two projects with the following cash flows: 
Which of the following statements are true concerning these two projects?
I. Both projects have the same future value at the end of year 4, given a positive rate of return.
II. Both projects have the same future value given a zero rate of return.
III. Project X has a higher present value than Project Y, given a positive discount rate.
IV. Project Y has a higher present value than Project X, given a positive discount rate.
Definitions:
Independent Variable
The variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.
FDA
The Food and Drug Administration, a federal agency of the United States responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, medical devices, and veterinary products.
Predictions
Statements about what will happen in the future based on current information or trends.
Testable
Capable of being examined and evaluated through experimentation or observation to verify the truth or effectiveness.
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