Question
A project has annual cash flows of $5,000 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 $5,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20-year project is 13.78%. If the firm's WACC is 11%, 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 and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
