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Single cash inflow at the end of 10 years Life of the project 11,000 10 years 170,000 10 years Labeau's discount rate for both

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Single cash inflow at the end of 10 years Life of the project 11,000 10 years 170,000 10 years Labeau's discount rate for both projects is 18%. (Ignore income taxes.) 3 Click here to view Exhibit 10-1 and Exhibit 10-2, to determine the appropriate discount factor(s) using tables. Required: Determine the net present value. (Negative amounts should be indicated with a minus sign. Round discount factor(s) to 3 decima places.) Project X Project Y Net Present Value Which alternative would you recommend that the company accept? Project X O Project Y

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