Question
A project has annual cash flows of $5,000 for the next 10 years and then $5,000 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 $5,000 each year for the following 10 years. The IRR of this 20-year project is 13.34%. If the firm's WACC is 9%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Finance And Financial Markets
Authors: Keith Pilbeam
3rd Edition
023023321X, 978-0230233218
