WACC is $11\%.$

NPV: $

million

IRR:

$\%$

NPV: $

million

IRR:

$\%$

b$.$ How should the environmental effects be dealt with when this project is evaluated?

they have anticipated all costs in the $"$no mitigation" analysis from not doing the 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.

V$.$ The environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur.

Select$-$

c$.$ Should this project be undertaken?

$-$Select$-$

If so$,$ should the firm do the mitigation?