How do you use a financial calculator to find the IRR of a perpetuity when

suzanne

New member
the cash flows are infinite? Here is an example: You build a plant that cost 100 million upfront and takes one year to build. It is expected to produce profits of 30 million forever. Calculate the IRR.

How do you do that on a financial calculator? I can do it by hand but it takes forever.
 
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