For a combined cycle investment project, ACME Gas, S.A., is considering the following information: Computer data: Capacity 350MW Plant Factor 90% Efficiency 52%

Operating costs: Fuel cost 3.5 US$/MMBtu Operation and maintenance 4.0 US$/MWh

Sales: Sale of energy 55.0 US$/MWh

Financial Model: Unit cost of the equipment 850.0 US$/kW

Bank investment: Amount 70% Interest 8.0% per annum Annual compounding Number of years 25

Company investment: Amount 30% Number of years 25

Taxes: Tax Neglected (FEAI = FEDI)

For this case, obtain the internal rate of return.