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A mining company plans to mine a beach for nutle. To do so wil cost $11 millon up front and then produce cash fows of

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A mining company plans to mine a beach for nutle. To do so wil cost $11 millon up front and then produce cash fows of 54 million per year for five youra. At the end of the skith year the company will incur shut-down and clean - up costs of 53 milion if the cost of captal is 12%, then what in the MiRR for this propect? A. 100% B. 70% C. 110% D. 90%

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