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LO eBook A project has annual cash flows of $5,500 for the next 10 years and then $6,500 each year for the following 10 years.

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LO eBook A project has annual cash flows of $5,500 for the next 10 years and then $6,500 each year for the following 10 years. The IRR of this 20-year project is 10.98%. Ir the firm's WACC IS 8%, what is the project's NPV? Do not round intermediate calculations, Round your answer to the nearest cent

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