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:

  • End of year 1: $643,547
  • End of year 2: $678,214
  • End of year 3: $775,908
  • End of year 4: $778,326
  • End of year 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.)

$3,889256

$4,227,118

$5,214,690

$4,809,112

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