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You are considering an investment opportunity that requires an initial investment of $150 milion in period 0 . The project will generate orily one future

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You are considering an investment opportunity that requires an initial investment of $150 milion in period 0 . The project will generate orily one future payment of 5167 milion of the end of the second yoar. The cost of capital is 8%. What is the IRR (the internal rate of retum) for the project? Note that getiling the actual value should not require trial and ecror or a financial calculator, because this is a simple case.] [Give your answer in percent to one and only one decimal place, and with no percentage sign. For example, 6.2, 18.9 or 4.6. The sothware will mark it wrong otheraise, wo piests format your answer property

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