Amining company plans to mine a beach for nutide To do so will cost $15...
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Amining company plans to mine a beach for nutide To do so will cost $15 million up front and then produce cash flows of $8 million per year for five years. At the end of the sixth year the company will incur shut-down and clean-up costs of $7 million if the cost of capital is 11%, then what is the MIRR for this project? OA - 110% OB - 100% OC -70% OD-00%
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