Question
A project has annual cash flows of $5,500 for the next 10 years and then $7,500 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 $7,500 each year for the following 10 years. The IRR of this 20-year project is 12.77%. 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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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
