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A project has annual cash flows of $6,500 for the next 10 years and then $9,500 each year for the following 10 years. The
A project has annual cash flows of $6,500 for the next 10 years and then $9,500 each year for the following 10 years. The IRR of this 20-year project is 13.39%. If the firm's WACC is 11%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
