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Windhoek Nines, Umited, of Namibla, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral inghts.

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Windhoek Nines, Umited, of Namibla, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral inghts. 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: *Recetpts from sales of ore, less out-ot-pocket costs for salaries, utities, insurance, and so forth The mineral deposit woukd be exnausted after four years of mining At that point, the working capital would be reieased for feinvestment elsewhere. The company's requred rate of return is 1BV Aequired: a. What is thenet present vate of the proposed rining project? D. Should the project be accepted? Complete this question by enterine vour answers in the tabs below. What is the net present value of the proposed mining project? (Enter negativn amount wath a minus sign.-Mound your final antwer to the nearest whie dollar aemount

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