Question
A project has annual cash flows of $8,000 for the next 10 years and then $10,500 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 $10,500 each year for the following 10 years. The IRR of this 20-year project is 11.81%. 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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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
