Colorado Mining Inc and Tanzania Exploration Ltd are separate firms that are both considering a new gold exploration project
Colorado Mining Inc and Tanzania Exploration Ltd are separate firms that are both considering a
Colorado Mining Inc and Tanzania Exploration Ltd are separate firms that
and Tanzania Exploration Ltd are separate firms that are both considering a new gold exploration project
Colorado Mining Inc and Tanzania Exploration Ltd are separate
firms that are both considering a new gold exploration project
Colorado Mining Inc and Tanzania Exploration Ltd
Colorado Mining Inc
Colorado Mining, Inc. and Tanzania Exploration, Ltd. are separate firms that are both considering a new gold exploration project.

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Colorado Mining, Inc. and Tanzania Exploration, Ltd. are separate firms that are both considering a new gold exploration project. Colorado Mining is in the actual gold mining business and has an after-tax cost of capital of 9.8 percent. Tanzania Exploration is in the precious gem retail business and has an after-tax cost of capital of 8.4 percent. The project under consideration has initial costs of $675,000 and anticipated annual cash inflows of $82,000 a year for ten years. Which firm(s), if either, should accept this project? both Colorado Mining and Tanzania Exploration neither Colorado Mining nor Tanzania Exploration Colorado Mining only Tanzania Exploration only cannot be determined without further information

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