A project has annual cash flows of $4,500 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 12.98%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A project has annual cash flows of $4,500 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 12.98%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations.
Round your answer to the nearest cent.
$
Transcribed Image Text:A project has annual cash flows of $4,500 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 12.98%. If the firm's WACC is 12%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $
Project A requires an initial outlay at t = 0 of $3,000, and its cash flows are the same in Years 1 through 10. Its IRR is 17%, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places.
%
Transcribed Image Text:Project A requires an initial outlay at t = 0 of $3,000, and its cash flows are the same in Years 1 through 10. Its IRR is 17%, and its WACC is 12%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. %
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