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A project has annual cash flows of $7,000 for the next 10 years and then $8,500 each year for the following 10 years
A project has annual cash flows of $7,000 for the next 10 years and then $8,500 each year for the following 10 years. The IRR of this 20-year project is 12.92%. 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. S
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