The irr of this 20-year project is 1064 if the firms wacc


A project has annual cash flows of $6,000 for the next 10 years and then $6,000 each year for the following 10 years. The IRR of this 20-year project is 10.64%. If the firm's WACC is 9%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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Financial Management: The irr of this 20-year project is 1064 if the firms wacc
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