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Windhoek Mines, Limited, of Namibla, is contemplating the purchase of equipment to exploit a mineral deposit an land to which the company has mineral rights.

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Windhoek Mines, Limited, of Namibla, is contemplating the purchase of equipment to exploit a mineral deposit an 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 associated with opening and operating a mine in the area: 5, 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 19%. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: a. What is the net present value of the proposed mining project? b. Should the project be accepted? Complete this question by entering your answers in the tabs below. What is the net present value of the proposed mining project? (Enter negative amount with a minus sign. Round your final answer to the nearest whole dollar amount.) Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit s mineral deposit on land to which the company has mineral rights, An engineering and cost analysis has been mode, and it is expected that the following cash flows would be associated with opening and operating a mine in the areac 5, 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 rotum is 19% Click here to view Exhibir 14B-1 and Exhibit 14B-2, to determine the approprlate discount factor(s) using tables Required: a. What is the net present value of the proposed mining project? b. Should the project be accepted? Complete this question by entering your answers in the tabs below. Should the project be accepted? EXHIIIT 143B1 Present Value of 51:(1+r)21 EXHIBTT 14B2 Present Value of an Anauity of $1 in Arrears, r1[1n+x21]

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