Question
A project has annual cash flows of $4,500 for the next 10 years and then $6,500 each year for the following 10 years. The IRR
A project has annual cash flows of $4,500 for the next 10 years and then $6,500 each year for the following 10 years. The IRR of this 20-year project is 12.86%. If the firm's WACC is 9%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
