Question
A project has annual cash flows of $4,000 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 $4,000 for the next 10 years and then $5,000 each year for the following 10 years. The IRR of this 20-year project is 13.98%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Business Math
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
10th edition
133011208, 978-0321924308, 321924304, 978-0133011203
