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Strip Mining Incorporated can develop a new mine at an initial cost of $ 1 4 million. The mine will provide a cash flow of
Strip Mining Incorporated can develop a new mine at an initial cost of $ million. The mine will provide a cash flow of $ million in year. The land then must be reclaimed at a cost of $ million in the second year.
a What are the IRRs of this project?
Note: Enter your answers in ascending order. Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
tableIRR
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