Question: EXERCISE 13-14 Comparison of Projects Using Net Present Value LO13-2 Labeau Products, Ltd., of Perth, Australia, has $35.000 to invest. The company is trying to

EXERCISE 13-14 Comparison of Projects Using Net Present Value LO13-2 Labeau Products, Ltd., of Perth, Australia, has $35.000 to invest. The company is trying to decide between two alternative uses for the funds as follows: Investment required. Annual cash inflows. Single cash inflow at the end of 6 years Life of the project Invest in Invest in Project X Project Y $35.000 $35,000 $12,000 $90,000 6 years 6 years The company's discount rate is 18%. 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
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