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Sample Test Problem 6.01 * Your answer is incorrect. Try again. Crane Inc., management is expecting a new project to start paying off, beginning at
Sample Test Problem 6.01 * Your answer is incorrect. Try again. 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: 2. 4 5. $423,676 $469,452 $479,455 $468,326 $536,444 If Crane can reinvest these cash flows to earn a return of 7.9 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 2761265.79 Present value 1887995.65
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