Question
A project has annual cash flows of $5,500 for the next 10 years and then $11,000 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 $11,000 each year for the following 10 years. The IRR of this 20-year project is 12.66%. 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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Money Banking And Financial Markets
Authors: Stephen Cecchetti
2nd Edition
0073523097, 9780073523095
