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Your company is planning to open a new gold mine that will cost $2.29 million to build, with the expenditure occurring at the end of

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Your company is planning to open a new gold mine that will cost $2.29 million to build, with the expenditure occurring at the end of the year two years from today. The mine will bring year-end after-tax cash inflows of $1.67 million at the end of the two succeeding years, and then it will cost $0.52 million to close down the mine at the end of the third year of operation. What is this project's IRR? 18.34% 15.34% 19.34% O 16,34% O 17.34%

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