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Labeau Products, Limited, of Perth, Australia, has $12,000 to invest in one of the following two projects: The company's discount rate is 16%. Click here

Labeau Products, Limited, of Perth, Australia, has $12,000 to invest in one of the following two projects: The company's discount rate is 16%. Click here to view Exhibit 14B-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X. 2. Compute the net present value of Project Y

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