Question
A project has annual cash flows of $6,500 for the next 10 years and then $9,000 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 $9,000 each year for the following 10 years. The IRR of this 20-year project is 13.38%. 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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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
