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GTR plc is about to undertake a project requiring an investment of 305,000 to generate equal annual inflows of 61,000 in perpetuity. If the first

GTR plc is about to undertake a project requiring an investment of 305,000 to generate equal annual inflows of 61,000 in perpetuity.

If the first inflow from the investment arises at the same time as the initial investment, what is the IRR of the project?

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