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A project has annual cash flows of $5,000 for the next 10 years and then $11,000 each year for the following 10 years. The IRR

  1. A project has annual cash flows of $5,000 for the next 10 years and then $11,000 each year for the following 10 years. The IRR of this 20-year project is 13.34%. 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.

$____

2. Project A requires an initial outlay at t = 0 of $1,000, and its cash flows are the same in Years 1 through 10. Its IRR is 13%, and its WACC is 9%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.

____%

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