Strip Mining Inc can develop a new mine at an initial cost of $11 million The mine will provide a cash flow of $34 million in 1 year The land then must be reclaimed at a cost of $25 million in the second year a What are the IRRs of this project (Enter your answers in ascending order Do not round intermediate calculations Enter your answers as a percent rounded to 2 decimal places ) Strip Mining Inc can develop a new mine at an initial cost of $11 million The mine will provide a cash flow of $34 million in 1 year The land then must be reclaimed at a cost of $25 million in the second year a What are the IRRs of this project (Enter your answers in ascending order Do not round intermediate calculations Enter your answers as a percent rounded to 2 decimal places )

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Question: Strip Mining Inc. can develop a new mine at an initial cost of $11 million. The mine will provide a cash flow of $34 million

Strip Mining Inc. can develop a new mine at an initial cost of $11 million. The mine will provide a cash flow of $34 million in 1 year. The land then must be reclaimed at a cost of $25 million in the second year.

a. What are the IRRs of this project? (Enter your answers in ascending order. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

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