the Mining, Alma has uned the provided by Dan to new gold mine the revenues that could be from Dority, the company's geologist, has just finished his the mine. She has also the expense open analysis the mine site. He has estimated thei the ing the mine and the annual operating expenses. If the mine would be progressive for eight years, after which company opens the mine, it will cost $725 million the gold would be completely mined. Dan has taken an and it will have cash of 580 million nine years estimate of the gold deposits to Alma Garrett, the com From today costs associated with closing the mine pany's financial offices, has been asked by and reclaiming the area surrounding it. The expected her cash flows each year from the mine are shown in the to analysis of the now mine and prese table on this page Mining has a 12 percent recommendation on whether the comparry should open gold mines. the new mine required return on all Year Cash Flow -$725,000.000 00,000,000 135,000,000 180,000,000 245,000,000 232,000,000 170,000,000 120,000,000 95,000,000 80,000,000 questions 1. Construct a to calculate the period, of return, internal of return, and net present value of the propose mine. 2. Based on your analysis, the company open the mine?