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AL-Shamal Contracting Company owns the mining rights to a large piece of land in a mountainous area. An engineering and cost analysis has been made

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AL-Shamal Contracting Company owns the mining rights to a large piece of land in a mountainous area. An engineering and cost analysis has been made to buy a new equipment needed for mining, and it is expected that the following cash flows would be associated with opening and operating a mine in the area. At the end of five years, the working capital will be released and maybe used elsewhere by AL-Shamal Contracting Company. 1- Calculate the net present value to find out whether the company should accept the purchase of the new equipment or not. Explain your decision, or why not. Given that, AL-Shamal Contracting Company uses a discount rate (required rate of return) of \14

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