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Assignment 11: Chapter 11 End-of-Chapter Problems Back to Assignment Attempts Keep the Highest 0/10 9. Problem 11.20 (NPV) A project has annual cash flows of
Assignment 11: Chapter 11 End-of-Chapter Problems Back to Assignment Attempts Keep the Highest 0/10 9. Problem 11.20 (NPV) A project has annual cash flows of $5,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20 -year project is 13.44%. 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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