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11-20. NPV: A project has annual cash flows of $5,000 for the next 10 years and then $9,000 each year for the following 10 years.
11-20. NPV: A project has annual cash flows of $5,000 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 8.52%. If the firms WACC is 8%, what is the projects NPV?
Please, show your work. Thanks in advance.
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