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Alma has ased the estimates providod by Dan to determine the revenues that could be expected frotn the mine, She also has projected the cxpense

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Alma has ased the estimates providod by Dan to determine the revenues that could be expected frotn the mine, She also has projected the cxpense of opesing the mine and the annual operating expenses. If the compasy opens the mine, it will cost 5825 million today, and it will have a cash oattlow of $75 million nine years from today in costs associated with closing the mine and reelaiming the area surrounding it. The expected cash Dows each year from the mise are shown in the following table. Bullock. Mining has a 12 perceot required return on all of its sold mines. net precent value of ithe propoicd inine. 2. Based un yeur analyalis should tie company open the mine? paybiak period fur a project

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