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A new project will generate an annual cash now of $50,000.00 forever the project will require a $1,000,000.00 investment today however Based on these assumptions,

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A new project will generate an annual cash now of $50,000.00 forever the project will require a $1,000,000.00 investment today however Based on these assumptions, what is the IRR of the project? Submit Answer fomat. Percentage Round to: 2 decimal places (Examples: 0 24%, sign required. Waccept decimal format rounded to 4 decimal places (ex 0.0924)

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