Problem 14-16 (Algo) Net Present Value Analysis [LO14-2]

Problem 14-16 (Algo) Net Present Value Analysis [LO14-2] Windhoek Mines, Limited, of Namibia, is contemplating the purchase of equipment to exploit a 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 associated with opening and operating a mine in the area is. Insurance, and so forth. The minetal 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 18% Click here to view Exhibit14B-1 and Exizibit 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? 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 precent value of the proposed mining project? (Enter negative amount with a minus sign. Found your final angwer to the nearest whole dollar amount.) 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