Question
A project has annual cash flows of $8,000 for the next 10 years and then $8,500 each year for the following 10 years. The IRR
A project has annual cash flows of $8,000 for the next 10 years and then $8,500 each year for the following 10 years. The IRR of this 20-year project is 11.74%. If the firm's WACC is 10%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
