Question
A project has annual cash flows of $5,000 for the next 10 years and then $9,000 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 $9,000 each year for the following 10 years. The IRR of this 20-year project is 12.81%. 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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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
