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Windhoek Mines, Limited, of Namibla, is contemplating the purchase of equipment to expioit o mineral deposit on land to which the company has mineral rights,

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Windhoek Mines, Limited, of Namibla, is contemplating the purchase of equipment to expioit o mineral deposit on land to which the company has mineral rights, An engineering and cost analysis has been made, and it is expected that the following cash flows would be associbted with opening and operating a mine in the area: -Receipts from sales of ore. less out-of-pocket costs for salaries, utilities, Insurance, and so forth. The mineral deposit would be exhousted after four years of mining. At that point, the working copltar wourd be released for reinvestment elselwhere. The company's required rate of return is 20% Cick nere to view Estibit 128=1 and Emibit 1282, to determine the appropnate discount foctor(5) using tables. Required: 4. What is the net present vaiue of the proposed mining project? b. shouid the project be accepted? Cumpiete this questien by entering your answers in the tabs below. What is then net present walue of the proposed mining project? (Cnter negative amount with a miniss sign. Round your finat What is the net present value of the proposed mining project? (Enter negative amount with a-minus 5 ign. Round your final ) antwer te thn nearest whole dollar ampunt.) Should the project be accepted

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