A project requires an immediate investment of 56

Finance Jan 25, 2022

A project requires an immediate investment of 56.000 million and will generate cash inflows at the end of each year in perpetuity. The first cash inflow will be in the amount of 9 million and each subsequent cash flow will be 5% smaller than the previous one. Find the internal rate of return for this project. O 10.74% O 11.40% O 10.41% O 11.07% 10.07%