9) You are the CFO of a mining company. New government regulations are going to require significantly more clean-up, restoration, and pollution monitoring for the five years after you shut down a mine. You have recently received proposals from two different contractors, the details of which are given in the table below. Assuming your firm has a 15% Cost of Capital (i.e. required return), calculate the NPV of each proposal. Which one should you choose? Why? (10) Initial Cost Year 1 Year 2 Contractor A ($210,000,000.00) ($75,000,000.00) ($62,000,000.00) ($55,000,000.00) ($47,000,000.00) ($28,000,000.00) Contractor B ($135,000,000.00) ($37,000,000.00) ($37,000,000.00) ($37,000,000.00) ($37,000,000.00) ($37,000,000.00) Year 3 Year 4 Year 5