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Nadir Corporation is considering the purchase of ACME Corporation. The owners of Acme Corp. are asking...

Nadir Corporation is considering the purchase of ACME Corporation. The owners of Acme Corp. are asking $75 mil in cash. The managers of Nadir corp estimate that under their control, Acme corp will generate cash flows of $20 mil per year for five years. The cash flows are net of taxes.

The IRR of this investment is Select one: a. 8.17% b. 10.42% c. 15.34% d. 20% Show calculations *Not using excel

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