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Crane Company is considering an investment that will return a lump sum of $930,0006 years from now. Click here to view the factor table. (For
Crane Company is considering an investment that will return a lump sum of $930,0006 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Crane Company pay for this investment to earn an 9\% return? (Round answer to 2 decimal places, e.g. 25.25.) Crane Company should pay \$ Sunland Enterprises issued 5\%, 9-year, $2,710,000 bonds that pay interest annually on April 1 . The bonds are dated April 1, 2022, and are issued on that date. The discount rate for such bonds on April 1, 2022, is 7%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What cash proceeds did Sunland receive from issuance of the bonds? (Round answer to 0 decimal places, e.g. 125.) Cash proceeds from issuance of the bonds $
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