The irr of this 20-year project is 1229 if the firms wacc


A project has annual cash flows of $5,000 for the next 10 years and then $10, 500 each year for the following 10 years. The IRR of this 20-year project is 12.29%. 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 1229 if the firms wacc
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