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c] Reopening of its Kitsault mine would require an investment of $2 5M today [year 0], $10M in year 1 and $10M in year 2

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c] Reopening of its Kitsault mine would require an investment of $2 5M today [year 0], $10M in year 1 and $10M in year 2 and would increase capacity in years 3 to 9 by 10M pounds. The variable cost of extraction would be $6/pound. If the discount rate is 16%, nd the price of molybdenum above which it makes sense to do each of the investments a), b), and c). i.e. find the price at which the NPV is zero for each scenario

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