The Ulmer Uranium Company is deciding whether or not to open a strip mine whose...
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The Ulmer Uranium Company is deciding whether or not to open a strip mine whose net cost is $4.4 million. Net cash inflows are expected to be $27.7 million, all coming at the end of Year 1. The land must be returned to its natural state at a cost of $25 million, payable at the end of Year 2.
Calculate the two NPVs. Do not round intermediate calculations. Round your answers to the nearest cent.
1 $ ???? 2 $900237.81
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