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Comparison of Projects Using Net Present Value [LO1] Sharp Company has $32,000 to invest. The company is trying to decide between two alternative funds as
Comparison of Projects Using Net Present Value [LO1] Sharp Company has $32,000 to invest. The company is trying to decide between two alternative funds as follows: Sharp Company uses a 11% discount rate. (Ignore income taxes.) Determine the net present value (Negative amounts should be indicated by a minu discount factor(s) to 3 decimal places, other intermediate calculations and final a nearest whole dollar.)
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