Your company is planning to open a new gold mine which will cost $3 million to build, with the expenditure occurring at the end of the year three years from today
The mine will bring year-end after-tax cash inflows of $2 million at the end of the two succeeding years, and then it will cost $.5 million to close down the mine at the end of the 3rd year of operation. What is the project's IRR?
A) 14.36%
B) 10.17%
C) 17.42%
D) 12.70%
E) 21.53%
D
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Which factor has been associated with the decline in union membership?
A. high regulation in such areas as workplace safety and equal employment opportunity B. low competition between companies for scarce human resources C. low costs of unionized labor D. low prospects for growth in the service industry E. high job growth in the manufacturing sector of the economy
When writing a message offering constructive criticism to a business, the writer's intent should NOT be
a. to inform management about changes that need to be made. b. to assure a better experience for future clients. c. to get even when bad service has been rendered. d. to include only specific facts that can be verified.
During an unexpected event, especially those involving weather and travel, your first obligation is to ensure the happiness of your customer.
Answer the following statement true (T) or false (F)
Most academic research supports markets as semi-strong efficient
Indicate whether the statement is true or false.