Question: Strip Mining Incorporated can develop a new mine at an initial cost of $ 1 4 million. The mine will provide a cash flow of

Strip Mining Incorporated can develop a new mine at an initial cost of $14 million. The mine will provide a cash flow of $41 million in 1 year. The land then must be reclaimed at a cost of $29 million in the second year.
a. What are the IRRs of this project?
Note: Enter your answers in ascending order. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
\table[[IRR 1,0.84,%
 Strip Mining Incorporated can develop a new mine at an initial

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