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**Having trouble figuring out how to solve these, thanks** Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of
**Having trouble figuring out how to solve these, thanks**
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of $864,800, 7 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 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pays Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Brief Exercise G-14 Blossom Company is about to issue $263,200 of 8-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 8%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much can Blossom expect to receive for the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.) Blossom can expect to receive $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXTStep by Step Solution
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