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Would like to receive help solving this question, likes steps Year Cash Flow 0 1 2 3 4 5 6 7 8 9 -450000000.00 63000000.00

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image text in transcribed Year Cash Flow 0 1 2 3 4 5 6 7 8 9 -450000000.00 63000000.00 85000000.00 120000000.00 145000000.00 175000000.00 120000000.00 95000000.00 75000000.00 -70000000.00 Seth Bullock, the owner of Bullock Gold Mining, is evaluating a new gold mine in South Dakota. Dan Dority, the company's geologist, has just finished his analysis of the mine site. He has estimated that the mine would be completely mined. Eight years, after which the gold would be compelty mined. Dan has taken an estimate of the gold deposits to Alma Garrett, the companys financial officer. Alma has been asked by Set prsent her recommendation on whether the company should open the new mine. Alma has used the estimates provided by Dan to determine the revenues that could be expected from the mine. She has also projected the expense of opening the mine and the annual operating expenses. If the company open s the mi $450 million today, and it will have a cash outflow of $95million nine years from today in costs associated with closing the m The expected cash flows each year from the mine are shown in the table. Bullock Mining has a 12 percent required return o questions 1.construct a spreadsheet to calculate the payback period, internal rate of return, modified internal rate of return, and net 2. Based on your analysis, should the company open the mine? 3. Bonus question: Most spreadsheets do not have a built in script that calculates the payback period . Write a VBA script th

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