Documenti Word Review Tell me what you want to do 60: File Home Insert Design g X cut Arial Paste Copy 3 Format Painter BIU Clipboard Layout References Mailings .13.5 - A A Aa- A , * ADA. View E Help 1 AaBbcc AalbCcDc AaBb 1 Normal 1 No Spac. Heading 1 AaBbc Heading Font Paragraph Windhoek Mines, Ltd., of Namibia, is contemplating the purchase of equipment to exploita 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 associated with opening and operating a mine in the area Cost of new equipment and timbers 95.000 Working Capital required 4168,000 126,6005 COSE to construct new roads in year three , 060 rage value of equipment in four years , 000 "Receipts from sales of ore, less out-of-pocket costs for salarios, utilities, insurance, and so forth The mineral deposit would be exhausted after four years of mining. At that point, the working capital would be released for reinvestment elsewhere. The company's required rate of return is 20% a What is the net present value of the proposed mining project? b. Should the project be accepted? www/ counting/brewer Belshit 128 129 EXHIBIT 120-1 Present Value of $1; 5% 6% 7% 8% 9% 10% 1% 2% 3% 4% 15% 17% 20% 25 22 2 2 25 Periods 4% 1 0962 0952 0943 0.935 0926 0917 0909 0.901 0890 085 087708700862 0855 08470840 083 0826 0820 081 0806 0800 2 0.925 0.907 0890 0873 0857 0.842 0826 0.812 0.797 0783 0769 0756 043 0731 078 070606M 0681 0672 0661 0650 0540 0889 0864 0840 0816 0794 07 4 0.855 0.823 0792 0763 0735 0.708 0683 0659 0636 0613 0592 0572 0552 0534 0516 0499 0482 04670451 007 0423 0410 0.751 0731 072 0693 0675 0658 0641 0624 0609 0593 0579 0554 0551 05370524 0512 5 0822 0784 074707130681 0650 0621 0593 0567 0543 059 0497 0475 0456 0.437 04190002 036 0370055 0.3410328 6 0.790 0746 0705 0666 0630 0596 0564 0535 0507 040 0.456 0432 041 0390 03700352 0.305 0319 0303 028 027 0262 7 0760 07110665 0623 053 0547 051 04820452 045 0400 0.376 0354 0333 0 8 0731 0677 0627 0582 0540 0502 0.467 0434 0404 0376 0351 0.327 0.305 025 0266 0249 0233 0218 0204 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