Question
A project has annual cash flows of $5,000 for the next 10 years and then $7,000 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 $7,000 each year for the following 10 years. The IRR of this 20-year project is 13.39%. If the firm's WACC is 12%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
