do not round all answers but, round final answer to 4 decimal places.

Problem 8-17 Multiple IRRs (L02) Strip Mining Inc. can develop a new mine at an initial cost Of $1 land then must be reclaimed at a cost of $32 million in the gecond a. What are the IRRs of this project? (Enter your answers in ascen in answers as a percent rounded to 2 decimal places.) IRR2 irl Will provide cash flow of $39 million in 1 year. The rderl. o not rond intermediate celculations. Enter your b. Should the firm develop the mine if the discount rate ik 24%? 34%? 110 ? 150 Negativeamount? should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in millions rouhded to 3 decimal places.) Discount Rate 110% 150% search NPV Develop? million million million million < Prev Next >