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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

image text in transcribed 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 12.18%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent

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