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A project has annual cash flows of $ 4 , 5 0 0 for the next 1 0 years and then $ 5 , 0

A project has annual cash flows of $4,500 for the next 10 years and then $5,000 each year for the following 10 years. The IRR of this 20-year project is 12.46%. If the firm's WACC is 8%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

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