Exercise 13-14 A Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Labeau Products, Ltd., of Perth, Australia, has $14,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: 10 Invest in Project S 14, 000 $ 5,000 Invest in Project Y $ 14,000 points Investment required Anun. cash inflows Single cash inflow all the end of 6 years Life of the project 6 years $ 35.000 6 years The company's discount rate is 18%. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X. 2. Compute the net present value of Project Y. 3. Which project would you recommend the company accept? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the net present value of Project X. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value $ 3.490 Exercise 13-14 Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 1 Labeau Products, Ltd., of Perth, Australia, has $14,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: 10 Invest in Project $ 14,000 $ 5.000 Invest in Project I $ 14,000 points ILLVCS Lacul required Armtal cast influws Single cash influwal the end ut 6 year's Life of the project $ 35,000 The company's discount rate is 18%. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X. 2. Compute the net present value of Project Y. 3. Which project would you recommend the company accept? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required i Required 2 Required 3 Compute the net present value of Project Y. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value $ 108,430 Exercise 13-14 Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Labeau Products, Ltd., of Perth, Australia, has $14,000 to invest. The company is trying to decide between two alternative uses for the funds as follows: 10 points Invest in Project $ 11,000 $ 5,000 Invest in Prujeul Y $ 14,000 Investment required Annual cash inflows Single cash intlow at the end of 6 years Life of the project $ 35,000 6 years 6 years The company's discount rate is 18%. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value of Project X. 2. Compute the net present value of Project Y. 3. Which project would you recommend the company accept? * Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which project would you recommend the company accept? Project X Project Y