Smithson Mining operates a silver mine in Nevada. Acquisition, exploration, and development costs totaled $7.4...
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Smithson Mining operates a silver mine in Nevada. Acquisition, exploration, and development costs totaled $ million. After the silver is extracted in approximately five years, Smithson is obligated to restore the land to its original condition, including constructing a wildlife preserve. The company's controller has provided the following three cash flow possibilities for the restoration costs: $ probability; $ probability; and $ probability. The company's creditadjusted, riskfree rate of interest is What is the initial cost of the silver mine? Note: Use appropriate factors from the tables provided. Do not round intermediate calculations. Enter your answers in whole dollars. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $ 
Smithson Mining operates a silver mine in Nevada. Acquisition, exploration, and development costs totaled $ million. After the silver
is extracted in approximately five years, Smithson is obligated to restore the land to its original condition, including constructing a
wildlife preserve. The company's controller has provided the following three cash flow possibilities for the restoration costs:
$ probability; $ probability; and $ probability. The company's creditadjusted, riskfree
rate of interest is
What is the initial cost of the silver mine?
Note: Use appropriate factors from the tables provided. Do not round intermediate calculations. Enter your answers in whole
dollars. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
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