Question
A project has annual cash flows of $3,500 for the next 10 years and then $10,500 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 $10,500 each year for the following 10 years. The IRR of this 20-year project is 13.77%. 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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ISE Analysis For Financial Management
Authors: Robert C. Higgins Professor, Jennifer Koski
13th International Edition
1265042632, 9781265042639
