Question
20) A project has annual cash flows of $6,500 for the next 10 years and then $10,000 each year for the following 10 years. The
20)
A project has annual cash flows of $6,500 for the next 10 years and then $10,000 each year for the following 10 years. The IRR of this 20-year project is 12.6%. If the firm's WACC is 11%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Public Finance And Public Policy
Authors: Arye L. Hillman
2nd Edition
0521738059, 978-0521738057
