Question
A project has annual cash flows of $4,500 for the next 10 years and then $10,000 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 $10,000 each year for the following 10 years. The IRR of this 20-year project is 9.53%. 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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Finance Applications And Theory
Authors: Marcia Millon Cornett, John R. Nofsinger, Troy Adair
3rd International Edition
1259252221, 9781259252228
