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Cfick here to read the eflocks internal Rate of Return (IPR) CAPIIAL BUDGEIING CRITERIA: ETHICAL CONSIDERATIONS A mining company is considering a new project. Because

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Cfick here to read the eflocks internal Rate of Return (IPR) CAPIIAL BUDGEIING CRITERIA: ETHICAL CONSIDERATIONS A mining company is considering a new project. Because the mine has received a permit, the project would be logal; but it would cause significant haim to a nearby river. The firm could spend an additional $9.66 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 $57 million, and the expected cash inflows would the $19 million per year for 5 years. If the firm does invest in mitigation, the annuat inflows would be $20 million. The tisk-adjusted WhCC is 15%. a. Calculate the NPV and IRR with mitigation. Round your answers to two decimal places. Do not round your intermediate caleulations, Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55 . NPN million IRR Wh Calculate the NPV and IRR without mitigation. Round your answers to two decimal places. Do not round your intermediate Calculaticns. Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55 . NPV 4 milion IRR

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