Question: Can someone show me the correct excel formula to answer this question? 18. Lodestone Mining has forecast the cash flows that would be generated by

Can someone show me the correct excel formula to answer this question?

18. Lodestone Mining has forecast the cash flows that would be generated by a new mine they are digging. Lodestone's required return on new mines is 15%. Based on the cash flow forecast below, how much should Lodestone be willing to invest in this mine? (Values are in millions) Year 2 3 4 5 Cash flow 0 5 8 5 1 Rate Periods Payment Future value Present value Note: you can sum the PV of each future cash flow, or you can use the net present value function in Excel

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