Question
A project has annual cash flows of $3,500 for the next 10 years and then $5,000 each year for the following 10 years. The IRR
A project has annual cash flows of $3,500 for the next 10 years and then $5,000 each year for the following 10 years. The IRR of this 20-year project is 13.61%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Introductory Econometrics For Finance
Authors: Chris Brooks
3rd Edition
1107661455, 9781107661455
