A project has annual cash flows of $7,500 for the next 10 years and then $10,000 each

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A project has annual cash flows of $7,500 for the next 10 years and then $10,000 each year for the following 10 years. The IRR of this 20-year project is 10.98%. If the firm’s WACC is 9%, what is the project’s NPV?

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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Oct 05, 2011 09:35 AM

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A project has annual cash flows of $7,500 for the next 10 years and then $10,000 each

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Since the IRR is the discount rate at which the NPV o...View the full answer

Fundamentals of Financial Management

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