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Labeau Products, Ltd . , of Perth, Australia, has $ 3 5 , 0 0 0 to invest. The company is trying to decide between

Labeau Products, Ltd., of Perth, Australia, has $35,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Invest in Project X Invest in Project Y Investment required $ 35,000 $ 35,000 Annual cash inflows $ 9,000 Single cash inflow at the end of 6 years $ 150,000 Life of the project 10 years 10 years The companys discount rate is 18%.

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