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$ A project has annual cash flows of $6,000 for the next 10 years and then $6,500 each year for the following 10 years. The
A project has annual cash flows of $6,000 for the next 10 years and then $6,500 each year for the following 10 years. The IRR of this 20-year project is 12.37%. 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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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
