what is b?

WPB-21 (similar to Wwwwwwwwwww - The there - - - at N - - I ) toriniai tu) You own a coal mining company and are considering opening a new mine. The mine will cost $110 3 million to open if this money is spent immediately, the mine will standards. The cleaning and maintenance are expected to cost $1.9 million per year in perpetuity. What does the IRR rule say about whether you should accept this op Use the graph below to determine the IRR(6) in the problem. NPV of the Investment in the Coal Mine NPV (5 millions 15 Discount Rate (%) What does the IRR rule say about whether you should accept this opportunity? (Select the best choice below.) A. There are two IRRs, so you cannot use the IRR as a criterion for accepting the opportunity B: Accept the opportunity because the IRR is greater than the cost of capital C. Reject the opportunity because the IRR is lower than the 8.4% cost of capital D. The IRR is - 10.28%, so accept the opportunity The NPV using the cost of capital of 8.4% is $ million (Round to three desimal places.)