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The cash flows of another project with a missing initial cost are as follows: The project has the same risk as the firm's average project.
The cash flows of another project with a missing initial cost are as follows: The project has the same risk as the firm's average project. While you don't know the project's initial cost, you have been told the project has an IRR of 13.3703%. Your boss wants to accept the project because the project's IRR exceeds the WACC of 12.8%, but another manager has mentioned that the NPV should be considered. How much value does this project create for the firm? $17.03 $60.18 $66.50 $53.89 $29.16
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