Question 8 (1 point) 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 $12 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 $82 million, and the expected cash inflows would be $32 million per year for 5 years. If the firm does invest in mitigation, the annual inflows would be $29 million. The risk-adjusted WACC is 11.40%. a. Calculate the NPV without mitigation. b. Calculate the NPV with mitigation. O a)$24.11m; b)$35.09m a)$23.09m; b)$12.11m a)$12.11m; b)$23.09m a)$35.09m; b)$12.11m