A project has annual cash flows of $5,000 for the next 10 years and then $9,000 each

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A project has annual cash flows of $5,000 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 8.52%. If the firm’s WACC is 8%, what is the project’s NPV?

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Question Posted: Mar 06, 2020 09:14 AM

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A project has annual cash flows of $5,000 for the next 10 years and then $9,000 each

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Because the IRR is the discount rate at which the NP...View the full answer

Fundamentals of Financial Management

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