A company paid $2,000,000 in year 1 for the mining site and spent an additional $500,000 to prepare the mine for extraction of the copper. After the copper is extracted in approximately. four years, the company is required to restore the land to its original condition, including repaving of roads and replacing a greenbelt. The company has provided the following three cash flow possibilities for the restoration costs: Cost Probability 1 $200,000 20% 2 500,000 45% 3 800,000 35% To aid extraction, Falcon purchased some new equipment on July 1, year 1, for $150,000. After the copper is removed from this mine, the equipment will be sold. The credit-adjusted, risk-free rate of interest is 10%. PV factor (n=4, 1-10%) is .68301. Required: What is the Accretion Expense in year 1? (Round to nearest dollar)

Question 4 Listen Which of the following points are on the unit circle? Select all that apply. A (--) B (33.3) C 12 (1/13. 31/3)

Use the following information to solve for both the levered and unleved NPV & IRR.. Please note: mortgage and income numbers are to be annual numbers, not monthly. Potential Investment Purchase Price: $700,000.00 Years: 30 LTV: 80.0% Rate: 7.0% PAID ANNUALLY Origination Expenses: 3.0% of the loan amount NOI $75,000.00 Per Year Required Return Levered: Required Return Un-Levered: Expected Price Appreciation: Selling expenses: 13.0% 10.0% 4.0% Years 5.0% of the sale price Expected holding period: 2 Years Workspace: