Question
A project has annual cash flows of $4,000 for the next 10 years and then $8,000 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 $8,000 each year for the following 10 years. The IRR of this 20-year project is 11.29%. If the firm's WACC is 9%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
