age Activities The L-SMining Company is planning to open a new strip mine in westem Pennsyivania. The net investment required to open the mine is $9 million. Net cash flows are expected to be +517 milion at the end of year 1 and +$11 milion at the end of year 2. At the end of year 3 , L-5 will have a net cash outflow of $21 million to cover the cost of closing the mine and reclaiming the land. Use Table if to answer the questions. a. Calculate the net present value of the strip mine if the cost of capital is 4,8,11,34,87, and 93 percent. Enter your answers in millions. For example, an answer of $1.20 milion should be entered as 1.20, not 1,200,000. Round your answers to two decimal places. b. What is unique about this project? The NPV is negative at discount rates between to 3 \% and negative beyond (3) c. Should the project be accepted if 15 's cont of capital is 8 percent