Question: Chandler Corp. is expecting a new project to start producing cash flows, beginning at the end of this year. They expect cash flows to be
Chandler Corp. is expecting a new project to start producing cash flows, beginning at the end of this year. They expect cash flows to be as follows: Year Cash Flow 1 $643,547 2 $678,214 3 $775,908 4 $778,326 5 $735,444 If they can reinvest these cash flows to earn a return of 8.2 percent, what is the future value of this cash flow stream at the end of five years? (Round to the nearest dollar.)
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