Question: Brave Depth Mining is considering opening a new mine. Constructing the mine will cost 8 3 2 million dollars today. Starting one year from now,

Brave Depth Mining is considering opening a new mine. Constructing the mine will cost 832 million dollars today. Starting one year from now, the mine will then be able to generate 235 million dollars per year forever. What is the IRR of this project?

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