Question: Strip Mining Incorporated can develop a new mine at an initial cost of $ 1 2 million. The mine will provide a cash flow of

Strip Mining Incorporated can develop a new mine at an initial cost of $12 million. The mine will provide a cash flow of $40 million in 1 year. The land then must be reclaimed at a cost of $31 million in the second year.
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.

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