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Sharp Company has $15,000 to invest. The company is trying to decide between two alternative uses of the funds as follows: Sharp Company uses a
Sharp Company has $15,000 to invest. The company is trying to decide between two alternative uses of the funds as follows: Sharp Company uses a 16% discount rate. (Ignore income taxes.) Click here to view Exhibit 8B-1 and Exhibit 8B-2. to determine the appropriate discount factor(s) using tables. Determine the net present values. (Round discount factor(s) to 3 decimal places. Any cash outflows should be indicated by a minus sign.) Which investment would you recommend that the company accept
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