Question
Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows, Year0, -$39,900,000 year 1, $63,900,000 and year 2, -$12,900,000, What is
Bohrer Mining, Inc., is trying to evaluate a project with the following cash flows, Year0, -$39,900,000 year 1, $63,900,000 and year 2, -$12,900,000, What is the NPV for the project if the company requires a return of12 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. This project has two IRRs, namely____ percent and ____ percent, in order from smallest to largest. (Note: If you can only compute one IRR value, you should input that amount into both answer boxes in order to obtain some credit.) (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
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