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Nadir Corporation is considering the purchase of Acme Corporation. The owners of Acme Corporation are asking $75 million in cash. The managers of Nadir Corporation

Nadir Corporation is considering the purchase of Acme Corporation. The owners of Acme Corporation are asking $75 million in cash. The managers of Nadir Corporation estimate that under their control, Acme Corporation will generate cash flows of $20 million per year for five years. The cash flows are net of taxes. The IRR of this investment is?

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