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You are a real estate investor and you are considering an offer to buy an office building for a price of $99,000,000 You project that

You are a real estate investor and you are considering an offer to buy an office building for a price of $99,000,000 You project that the building will generate net annual cash flows (starting at the end of the 1st year and continuing on in perpetuity) of $6,000,000 What is the IRR (Internal Rate of Return) of the investment (Answer to the nearest 0.01%)

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