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A project has annual cash flows of $7,000 for the next 10 years and then $10,000 each year for the following 10 years. The IRR

A project has annual cash flows of $7,000 for the next 10 years and then $10,000 each year for the following 10 years. The IRR of the 20-year project is 10.98%. If the firms WACC is 9%, what is the projects net present value (NPV)? a. $6,788.44 b. $17,000.10 c. $8,977.45 d. $10,905,50 e. $9,977.45

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