Question
A project has annual cash flows of $5,000 for the next 10 years and then $6,000 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 $6,000 each year for the following 10 years. The IRR of this 20-year project is 11.16%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
