Erbil Investments is evaluating an investment opportunity that requires an initial outlay of IQD 300,000,000 and is
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Question:
Erbil Investments is evaluating an investment opportunity that requires an initial outlay of IQD 300,000,000 and is expected to generate cash flows of IQD 100,000,000 annually for the next five years. Calculate the Internal Rate of Return (IRR) for the investment project.
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