molybdenum at this location would be $4/ pound. [Hint nominal annual prots from the increased capacity would therefore be given by 15M x (P $4), where P is the price of molybdenum] b] An investment to expand capacity at its Henderson mine would cost $75M today [year 0], $30M next year [year 1) and would increase capacity by 13M pound per year from years 3 to 9. The variable costs of extracting molybdenum from this location would be $4.5/pound. c] Reopening of its Kitsault mine would require an investment of $25M today [year 0], $10M in year 1 and $10M in year 2 and would increase capacity in years 3 to 9 by IBM pounds. The variable cost of extraction would be $6/pound. If the discount rate is 16%, nd the price of molybdenum above which it makes sense to do each of the investments a), b), and c). i.e. find the price at which the NPV is zero for each scenario