Business, 16.11.2020 22:20 cmflores3245

Crane Inc., management is expecting a new project to start paying off, beginning at the end of next year. Cash flows are expected to be as follows: 0 1 2 3 4 5 $443,676 $484,452 $466,455 $481,326 $524,444 If Crane can reinvest these cash flows to earn a return of 8.8 percent, what is the future value of this cash flow stream at the end of 5 years? What is its present value? (Round answers to 2 decimal places, e. g. 52.75.) Future value $ Present value $

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Crane Inc., management is expecting a new project to start paying off, beginning at the end of next...