Question
A project has annual cash flows of $6,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR
A project has annual cash flows of $6,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20-year project is 12.51%. 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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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
