Question
A project has annual cash flows of $4,000 for the next 10 years and then $6,000 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 $6,000 each year for the following 10 years. The IRR of this 20-year project is 12.69%. 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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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
