Question
A project has annual cash flows of $7,500 for the next 10 years and then $5,500 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 $5,500 each year for the following 10 years. The IRR of this 20-year project is 11.85%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Cases In Financial Management
Authors: I.M. Pandey
3rd Edition
0071333428, 978-0071333429
