Business, 26.06.2020 16:01, fortwill05
A mining company plans to mine a beach for rutile. To do so will cost $14 million up front and then produce cash flows of $7 million per year for five years. At the end of the sixth year the company will incur shut-down and clean-up costs of $6 million. If the cost of capital is 11.0%, then the MIRR for this project is
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A mining company plans to mine a beach for rutile. To do so will cost $14 million up front and then...
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