A mining company is considering a new project. Because the mine has received a permit, the project would be legal; but it would cause significant harm to a nearby river. The firm could spend an additional $25 million at Year 0 to mitigate the environmental problem, but it would not be required to do so. Developing the mine (without mitigation) would cost $95 million, and the expected cash inflows would be $45 million per year for 5 years. If the firm does invest in mitigation, the annual inflows would be $42 million. The risk-adjusted WACC is 14.00%. a. Calculate the NPV without mitigation. b. Calculate the NPV with mitigation. a) $24.19m; b) $34.49m a) $59.49m; b) $24.19m a) $49.19m;b)$59.49m a) $34.49m; b) $24.19m