Question
A project has annual cash flows of $7,500 for the next 10 years and then $7,000 each year for the following 10 years. The IRR
A project has annual cash flows of $7,500 for the next 10 years and then $7,000 each year for the following 10 years. The IRR of this 20-year project is 13.1%. 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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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
