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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
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:
Year $
Year $
Year $
Year $
Year $
If Crane can reinvest these cash flows to earn a return of percent,
what is the future value of this cash flow stream at the end of years?
What is its present value? Round answers to decimal places, eg Do not round factor values.
Future value
Present value
Please show work on Excel if possible, thank you!
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