Question
Problem 11-20 NPV A project has annual cash flows of $4,500 for the next 10 years and then $8,000 each year for the following 10
Problem 11-20 NPV
A project has annual cash flows of $4,500 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20-year project is 11.74%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest cent.
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Short Term Financial Management
Authors: Ned C. Hill, William L. Sartoris
3rd Edition
0023548320, 978-0023548321
