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A firm evaluates all of its projects by applying the BCR method. A mining project under consideration has the following cash flows. The third, negative
A firm evaluates all of its projects by applying the BCR method. A mining project under consideration has the following cash flows. The third, negative cash flow is for EPA-mandated land-reclamation costs at the end of the project Time (Years) O Cash Flow -4,000 6,000 - 1,000 1.5 2.2 What is the BCR of the project if the opportunity cost of capital is 8 percent
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