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The following are the cash flow relating to a mining investment opportunity, where the firm's cost of capital is 20%: Year Co C1 C2

 

The following are the cash flow relating to a mining investment opportunity, where the firm's cost of capital is 20%: Year Co C1 C2 C3 C4 Project A -K30,000 K12,000 K15,000 K13,000 K12,000 Use the internal rate of return method (IRR) to determine whether or not the project should be accepted (6 Marks)

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