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Business, 26.06.2020 16:01 kari9249

Fraser Company will need a new warehouse in five years. The warehouse will cost $500,000 to build. Click here to view Exhibit 8B-1 and Exhibit 8B-2, to determine the appropriate discount factor(s) using tables. Required: 1. What lump-sum amount should the company invest now to have the $500,000 available at the end of the five-year period

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