Exercise 11A-4 Basic Present Value Concepts [LO11-5] Fraser Company will need a new warehouse in eight years. The warehouse will cost $440,000 to build. Click here to view Exhibit 118-1 and Exhibit 118-2, to determine the appropriate discount factor(s) using tables. Required 1. What lump-sum amount should the company invest now to have the $440,000 available at the end of the eight-year period? Assume that the company can invest money at twelve percent. (Use the appropriate table to determine the discount factor(s).) Amount to ba Invested Investment Discount Factor Present Value 2. What lump-sum amount should the company invest now to have the $440,000 available at the end of the eight-year period? Assume that the company can invest money at eight percent. (Use the appropriate table to determine the discount factor(s).) Amount to ba Invested Investment x Discount Factor Present Value