Your company is planning to open a new gold mine which will cost $3million to build with the expenditure occurring at the end of year three years from today. The mine will bring year end after tax cash inflow of$2million at the end of two succeeding years. And then it will cost $0.5million to close down the mine at the end of third year of operation what is project IRR
Your company is planning to open a new gold mine which will cost $3million to build with the expenditure occurring at the end of year three years from today. The mine will bring year end after tax cash inflow of$2million at the end of two succeeding years. And then it will cost $0.5million to close down the mine at the end of third year of operation what is project IRR
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Your company is planning to open a new gold mine which will cost $3million to build with the expenditure occurring at the end of year three years from today. The mine will bring year end after tax
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