ebook 7 9 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 $11 million at Year Oto mitigate the environmental problem, but it would not be required to do so. Developing the mine (without mitigation) would require an initial outlay of 569 million, and the expected cash inflows would be $23 million per year for 5 years. If the firm doen invest in mitigation, the annual intlows would be $24 million. The risk adjusted WACC 13% a. Calculate the NPV and IRR with mitigation. Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round Intermediate calculations. Round your answers to two decimal places. 10 11 12 NPV: $ million 1 IRR % 14 . Calculate the NPV and IRR without mitigation. Enter your answer for NPV in millions. For example, an answer of $10,550,000 should be entered as 10.55. Do not round intermediate calculations. Round your answers to two decimal places 15 NPVES million 16 1 TRR