Demonstrate What is the projects IRR

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Question 1: Your company is planning to open a new gold mine which will cost 3 million to build, with the expenditure occuring at the end of the three yeard from today. The mine will bring year end after tax cash inflows of 2 million at the end of the two succeding year and then it will cost 0.5 million to close down the mine at tye end of third year of operation. What is this project's IRR?

Reference no: EM132533175

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