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nearest cent. $ eBook A project has annual cash flows of $6,500 for the next 10 years and then $7,500 each year for the following

image text in transcribed nearest cent. $

eBook A project has annual cash flows of $6,500 for the next 10 years and then $7,500 each year for the following 10 years. The IRR of this 20-year project is 9.72%. If 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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