Question
A project has annual cash flows of $6,500 for the next 10 years and then $10,500 each year for the following 10 years. The IRR
A project has annual cash flows of $6,500 for the next 10 years and then $10,500 each year for the following 10 years. The IRR of this 20-year project is 8.67%. If the firm's WACC is 8%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Cost Of Capital Applications And Examples
Authors: Shannon P. Pratt, Roger J. Grabowski, Richard A. Brealey
5th Edition
1118555805, 9781118555804
