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In: Finance

You are evaluating a project (initial investment is $41,000) that is expected to produce cash flows...

You are evaluating a project (initial investment is $41,000) that is expected to produce cash flows of $5,000 each year for the next ten years and $7,000 each year for the following ten years. The IRR of this project is 12%. The firm’s WACC is 8%. What is the project’s NPV?

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