A bauxite mine can be purchased for 20000000 and is, Econometrics

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A bauxite mine can be purchased for 20000000 and is

A bauxite mine can be purchased for $20,000,000 and is expected to yield $5,300,000 annually for the next 20 years. After that, the mine is closed and $4,000,000 will be required to restore the site to original environmental conditions. What is the IRR (Internal Rate of Return)?

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Econometrics: A bauxite mine can be purchased for 20000000 and is

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Econometrics: A bauxite mine can be purchased for 20000000 and is

Reference No:- TGS0569480

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