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Learning xC Home Chegg.comx /takeAssignmentMain.do?invoker- assignments&takeAssignmentSessionl ocator-assignment-take& a ow.com Net Present Value-Unequal Lives Bunker Hill Mining Company has two competing proposals: a processing mill and

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Learning xC Home Chegg.comx /takeAssignmentMain.do?invoker- assignments&takeAssignmentSessionl ocator-assignment-take& a ow.com Net Present Value-Unequal Lives Bunker Hill Mining Company has two competing proposals: a processing mill and an electric shovel. Both pleces of equipment have an initial investment of $543,247 The net cash flows estimated for the two proposals are as follows estimated for Net Cash Flow Year Processing Mill Electric Shovel $233,000 216,000 199,000 205,000 $186,000 166,000 166,000 132,000 100,000 84,000 73,000 73,000 The estimated residual value of the pr ocessing mill at the end of Year 4 is $230,000, Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 .893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.69-4 3 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 . 2018.06.14

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