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What would the present value of the mines revenue

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Question - If in 2016 a 'mine' produced gold 100kt per annum for the first four years (from 2017-2020) and 500kt of gold per annum for the next 15 years. What would the present value of the mines revenue would have been in 2016, assuming 3% and a bauxite of $38 per tonne?

Reference no: EM133189365

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