calculations. Round your answers to two decimal places. NPV: $ million IRR: % calculations. Round your answers to two decimal places. NPV: $ million IRR: % b. How should the environmental effects be dealt with when this project is evaluated? environmental mitigation. II. The environmental effects should be ignored since the mine is legal without mitigation. III. The environmental effects should be treated as a sunk cost and therefore ignored. mitigation" analysis. V. The environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur. III. The environmental effects should be treated as a sunk cost and therefore ignored. IV. The environmental effects if not mitigated would result in additional cash flows. Therefor mitigation" analysis. v. The environmental effects should be treated as a remote possibility and should only be c c. Should this project be undertaken