The Yufi mining corporate is set to open a gold mine in mansa . According to the evaluation made this far ,the mine will cost 900 000 to open and have an economic life of 11 years .it will generate a cash inflow of 175 000 at the end of the first year and the cash inflow are projected to grow at 8% per year for the next 10 years . t is projected that the mine will be abandoned in the 11 th year . Abandoned costs are expected to be 125000 at end of year 11.the required return for the invstorsis 10% . using the internal rate of return IRR, should the mine be opened?