A mining company is deciding whether to open a strip mine


Multiple IRRs and MIRR

A mining company is deciding whether to open a strip mine, which costs $1.5 million. Cash inflows of $13 million would occur at the end of Year 1. The land must be returned to its natural state at a cost of $11.5 million, payable at the end of Year 2.

What is the project's MIRR at WACC = 10%? Round your answer to two decimal places. Do not round your intermediate calculations.

%

What is the project's MIRR at WACC = 20%? Round your answer to two decimal places. Do not round your intermediate calculations.

%

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A mining company is deciding whether to open a strip mine
Reference No:- TGS02405952

Expected delivery within 24 Hours