Question
Multiple Rates of Return The Ulmer Uranium Company is deciding whether or not to open a strip mine whose net cost is $4.4 million. Net
Multiple Rates of Return
The Ulmer Uranium Company is deciding whether or not to open a strip mine whose net cost is $4.4 million. Net cash inflows are expected to be $27.7 million, all coming at the end of Year 1. The land must be returned to its natural state at a cost of $25 million, payable at the end of Year 2.
What is the project's MIRR at r = 8%? Do not round intermediate calculations. Round your answer to two decimal places. % What is the project's MIRR at r = 13%? Do not round intermediate calculations. Round your answer to two decimal places. % Calculate the two NPVs. Do not round intermediate calculations. Round your answers to the nearest cent.
1 $ 2 $
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