You own coal mining company and are considering opening a new mine. The mine will...

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You own coal mining company and are considering opening a new mine. The mine will cost 5118.2 million to open the money is entitlemine will get 51.4 milion for the next 10 years. Aber that, coal will run out and the site must be cleaned and maintained environmental standards. The cleaning and maintenance are expected to cost $1.9 million per year in perpety Wrates the about whether you should cont this opportunity the cost of capitalis78%, what does the NPV rulo say Use the graph below to determine the IRR) in the problem NPV of the best in the Coal Mine AN What does the rule way out whether you should this oportunity? (Beeth both Discount Rate(%) What does the IRR rule say about whether you should accept this opportunity? (Select the best choice below) O A Reject the opportunity because the IRR is lower than the 78% cost of capital OB. Accept the opportunity because the IRR is greater than the cost of capital OC. There are two IRRs, so you cannot use the IRR as a criterion for conting the opportunity OD. The IRR isr=8.28%, so accept the opportunity The NPV using the cost of capital of 7.8% is $ million (Round to three decimal places The plot of the NPV as a function of the discount rate is n-shaped. It intersects the x-axis at 2.99% and ra8.28% What does the NPV rule say? (Select the best choice below) OA. If the opportunity cost of capital is greater than ra8.28%, the investment should be undertaken OB. If the opportunity cost of capital is between 2.99% and 8.28%, the investment should be undertaken OC. If the opportunity cost of capital is less than 2.99%, the investment should be undertaken OD. Reject the project because the NPV is negative

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