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Problem 10-19 Multiple Rates of Return The Ulmer Uranium Company is deading whether or not to open a strip mine whose net cost is
Problem 10-19 Multiple Rates of Return The Ulmer Uranium Company is deading 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. c. What is the project's MIRR at r 9%? 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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