A project has a cash flow of $7,500 per year for the next 10 years and $5,500 per year for the next 10 years. The IRR of this 20-year project is 11.85%. If the firm's WACC is 11%, what is the project's NPV? Round your answer to the nearest penny. Do not round your intermediate accounts.

Answer rating: 100% (QA)

To calculate the Net Present Value NPV of the project we need to discount the cash flows using the f... View the full answer