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Prior to the project being shut down the cost of the plant had risen to $7.5 billion and projections were a 1% increase each year
Prior to the project being shut down the cost of the plant had risen to $7.5 billion and projections were a 1% increase each year in yearly income (income in year one is $200 million, year two $202 million, etc.) due to approved rate increases to customers. Based on the new information what would be the IRR for the project?
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