A project has annual cash flows of $8,000 for the next 10 years and then $10,500...

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A project has annual cash flows of $8,000 for the next 10 yearsand then $10,500 each year for the following 10 years. The IRR ofthis 20-year project is 13.47%. If the firm's WACC is 9%, what isthe project's NPV? Do not round intermediate calculations. Roundyour answer to the nearest cent.

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A project has annual cash flows of $8,000 for the next 10 yearsand then $10,500 each year for the following 10 years. The IRR ofthis 20-year project is 13.47%. If the firm's WACC is 9%, what isthe project's NPV? Do not round intermediate calculations. Roundyour answer to the nearest cent.

A project has annual cash flows of $8,000 for the next 10 years and then $10,500...

80.2K

Verified Solution

Question

Finance

A project has annual cash flows of $8,000 for the next 10 yearsand then $10,500 each year for the following 10 years. The IRR ofthis 20-year project is 13.47%. If the firm's WACC is 9%, what isthe project's NPV? Do not round intermediate calculations. Roundyour answer to the nearest cent.

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