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At the beginning of 2021, you invest 1000 USD, and will continue for 150 USD at the beginning of each year until forever (as perpetuity).
At the beginning of 2021, you invest 1000 USD, and will continue for 150 USD at the beginning of each year until forever (as perpetuity). As a result of your investment, you will receive payments at the end of each year. The first payment will be disbursed at the end of 2021 for 100 USD, and thereafter it will increase 5% every year. Calculate the IRR of your investment.
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