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Netflix, Inc. is evaluating the development of original content for its streaming platform. The production of original content is expected to cost $1 billion over
Netflix, Inc. is evaluating the development of original content for its streaming platform. The production of original content is expected to cost $1 billion over the next three years. Once released, Netflix anticipates generating additional annual revenues of $500 million for the next five years. Calculate the internal rate of return (IRR) of the original content development project for Netflix, Inc.
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