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Delve Mining and Gold Metals are two firms both considering a silver mining project. Delve Mining is in the mining business and has a weighted
- Delve Mining and Gold Metals are two firms both considering a silver mining project. Delve Mining is in the mining business and has a weighted average cost of capital (WACC) of 12.8%. Gold Metals is in the gold retail business and has a WACC of 10.6%. The silver project has an IRR of 12%. Which firm(s), if either, should accept the project?
- Delve Mining only
- Gold Metals only
- Both firms
- Neither firm
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
9th Edition
0814408648, 978-0814408643
