case 3. DeVry University, New York MANAGEMENT 595
case 3. DeVry University, New York MANAGEMENT 595 Bullock Gold Mining a spreadsheet to calculate the payback period, internal rate of return, modified internal rate of return, and net present value of the proposed mine: Year Cash Flow Cash Balance Present Value PV Balance 0 (650,000,000) (650,000,000) (650,000,000) (650,000,) 1 80,000,000 (570,000,000) 71,428,571 (5 ...