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A new company is considering a project that delivers a constant cash-flow of 60 million USD for six years where the first cash-flow is received

A new company is considering a project that delivers a constant cash-flow of 60 million USD for six years where the first cash-flow is received at the end of this year. It requires an initial investment of 1150 million USD. After the first six years the cash-flows will grow at a rate of 1% per year forever.

What is the IRR of this project?

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