The irr of this 20-year project is 1104 if the firms wacc, Risk Management

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The irr of this 20-year project is 1104 if the firms wacc

A project has annual cash flows of $5,500 for the next 10 years and then $9,500 each year for the following 10 years. The IRR of this 20-year project is 11.04%. If the firm's WACC is 9%, what is the project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

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Risk Management: The irr of this 20-year project is 1104 if the firms wacc

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