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IRR method is just a distracting noise word. CPK's reasoning and epoh's reasoning is the simple, direct and correct approach .

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I agree with pfcfaataf.

I think this question itself is technically wrong.

I invest 10 million and immediately I value it at 15 million. Should not be possible. (IRR or no IRR, or any other method we have studied or not studied).

Technically INV = 10 million and not 15 million. In the question price per share could not be $15, it should have been $10 to be technically consistent with other data they provided.

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