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You are evaluating a project that is expected to produce cash flows of $ 5 , 0 0 0 each year for the next 1

You are evaluating a project that is expected to produce cash flows of $5,000 each year for the next 10 years
and $7,000 each year for the following 10 years. The IRR of thls 20-year project is 12%. If the firm's WACC is 8%,
what is the project's NPV?
a. $10,989.95
b. $12,276,33
c. $14,321.21
d. $15,100.50
e. $16,000.00
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