Cassius Chemistry is looking to invest in a production facility. Option one is a new state-of-the-art facility with a cost of $15 million. This new facility will produce cash flows of $5 million per year for the next six years. At the end of the sixth year, Cassius will have to reclaim the land under the new facility at a cost of $7 million Option two is a used facility that will generate $4 million in cash flows for the next six years, but require no land reclamation. This used facility also costs $15 million. If Cassius estimates its cost of capital to be 14.2%, which project should it accept? Why? Accept new facility: NPV $4.34 mil vs. $0.47 mil Accept used facility, NPV $9.00 mil vs. $8.00 mil Accept new facility: NPV 51.18 mil vs. $0.47 mil Accept used facility, NPV $9.00 mil vs $-2.66 mil