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Fraser Company will need a new warehouse in fourteen years. The warehouse will cost $380,000 to build. Click here to view Exhibit 11B-1 and Exhibit

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Fraser Company will need a new warehouse in fourteen years. The warehouse will cost $380,000 to build. Click here to view Exhibit 11B-1 and Exhibit 11B-2 to determine the appropriate discount factor(s) using tables. Required What lump-sum amount should the company invest now to have the 5380,000 available at the end of the appropriate table to determine the discount factor(s).) Amount to be Invested Investment Discount FactorPresent Value table to determine the discount factor(s).) Amount to be Invested Investment Discount Factor Present Value

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