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You own a coal mining company and are considening opening a new mine. The mine wil cost $116.9 millon to open, if this money is

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You own a coal mining company and are considening opening a new mine. The mine wil cost $116.9 millon to open, if this money is spent immediately, the mine wil generate $21.1 mallion for the pepetuily. What does the IRR. rule say about whether you should accept this opportunity? if the cost of capital is 8.2%, what does tha NPV rile say? Use the graph below to determine the IRR(s) in the probiem. Whit does the BRR nde say about wher you should accest this coporturity? (Select the best chaice below)

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