Question
A project has annual cash flows of $7,500 for the next 10 years and then $11,000 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 $11,000 each year for the following 10 years. The IRR of this 20-year project is 11.07%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.
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Investments An Introduction
Authors: Herbert B Mayo
11th Edition
1133936520, 9781133936527
