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value 10.00 points Labeau Products, Ltd., of Perth, Australia, has $17,000 to invest. The company is trying to decide between two altenative uses for the

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value 10.00 points Labeau Products, Ltd., of Perth, Australia, has $17,000 to invest. The company is trying to decide between two altenative uses for the funds as follows Invest inInvest in Project XProject Y 17,000$ 17,000 Investment required Annual cash inflows Single cash inflow at the end of 6 years Life of the project S 6,000 $40,000 6 years6 years The company's discount rate is 17%. Click here to view Exhibit 118-1 and Exhibit 118-2, to determine the appropriate discount factorfs) using tables. Required: a. Determine the net present values Project X ProjectY Net Present Value b. Which alternative would you recommend that the company accept? O ProjectX Project)Y References eBook&Resources Worksheet Difficulty: 1 Easy MacB

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