Alpha Coal, Limited is contemplating the purchase of equipment to explot a mineral deposit on iand to which the compony has with opering and operating a mire in the ared - Receipts from sales of cce, less out-ot-pocket costs for salenet, utlities, inurance, unes, and so forth The mineral depost would be exhausted afer four years of mining At that point, the working capital wocid be released for feirvesurent elsewhere. The companys required rate of retum is iss Required: a. What is the not present value of the propoted mining project? b. Should the project be accepted? Complete this question by entering vour answers in the tabs below. What is the net pcestent value of the propoted mining project? Alpho coal Uimited, is contemplating the purchase of equipment to exploit o mineral deposit on land to which the company has mineral nights. An engineering and cost analysis has been made, and it is expected that the following cash flows would be associoted whth opening and operating a mine in the area -Receipss from sales of ore, less out-of-pocket costs for salaries, utilies, insurance, takes, and so forth. The mineral debost would be exhausted after four years of mining At that point. the working capital would be released for reinvestment elsewhere The compony's required rate of return is 18S Required: a. What is the net preseot value of the proposed mining project? b. Should the project be accepted? Complete this question by entering your answers in the tabs below. Should the prosect be accepted