Question
A project has annual cash flows of $5,500 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 $5,500 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 13.03%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Fundamentals Of Corporate Finance
Authors: Berk, Peter DeMarzo, Jarrad Harford
3rd Global Edition
1292018402, 9781292018409
