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Blossom, Inc., management is expecting a new project to start paying off beginning at the end of next year. Cash flows are expected to be
Blossom, 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: If Blossom can reinvest these cash flows to earn a return of 8.70 percent, what is the future value of this cash flow at the end of 5 years? What is its present value? (Round answers to 2 decimal places, e.g. 52.75. Do not round factor values.) Future value $ Present value $
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