Exercise 52 Flower Company is considering an investment which will return a lump sum of...
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Exercise 52 Flower Company is considering an investment which will return a lump sum of $2,500,000 six years from now. What amount should Flower Company pay for this investment to earn an 11% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 k here to view the factor table Present Value of an Annuity of 1 Amount pay for investments Click if you would like to Show Work for this question: Open Show Work
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