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A project has annual cash flows of $3,000 for the next 10 years and then $5,000 each year for the following 10 years. The IRR

image text in transcribed A project has annual cash flows of $3,000 for the next 10 years and then $5,000 each year for the following 10 years. The IRR of this 20 -year project is 11.41%. 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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