Question: A mining company is deciding whether to open a strip mine withan initial outlay at t = 0 of $1.5 million. Cash inflows of $12.5million

A mining company is deciding whether to open a strip mine withan initial outlay at t = 0 of $1.5 million. Cash inflows of $12.5million would occur at the end of Year 1. The land must be returnedto 2 answers

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