PV A project has annual cash flows of $8,000

PV A project has annual cash flows of $8,000

Subject: Business    / Finance    

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NPV

A project has annual cash flows of $8,000 for the next 10 years and then $6,000 each year for the following 10 years. The IRR of this 20-year project is 12.85%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

$______________

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