Chapter III Case Bullock Gold Mining CHAPTER CASE
CHAPTER CASE BULLOCK GOLD MINING 1. Construct a spreadsheet to calculate the payback period, internal rate of return, modif rate of return, and net present value of the proposed mine. Year Cash Flow 0650,000,000 1 80,000,000 2 121,000,000 3 162,000,000 4 221,000,000 5 210,000,000 6 154,000,000 7 108,000,000 8 86,000,000 972,000,000 Required return 12% After the fourth year, the cash flow