Bunker Hill Mining Company has two competing proposalst a procesung mill and an electric shovel....
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Bunker Hill Mining Company has two competing proposalst a procesung mill and an electric shovel. Both pieces of equiprient have an inibal harestinent of s565,115. The net cath. ficws eltimated for the two proposals are as follaws. The esumated residual value of the processing mill at the end of Year 4 is $220,000. Determine which equipment should be favored, comparing the net present values of the two proposals and assurning a menimum rate of return of 10%. Use the present vahue table appeaning above
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