3 (2 Points). Strangways Research (SR) is a medical research firm that breeds the famous Redback Spider for its venom, which is used to treat pancreatic cancer. SR buys an island near the coast of Jamaica and will transport thousands of Redbacks to the island, which is currently uninhabited. The island has a cost of $2 million and SR invests an additional SIO million in equipment and machinery necessary for the spiders to thrive and to harvest their venom. The spider population is expected to provide enough venom to last for three years and although the cancer treatment will be sold throughout the world, all cash flows are denominated in US dollars. The following information is collected: Ver Due To These Doce S7 Ismimili Simion S04 mil S4 million S millie Call million 6 min The weighted average borrowing cost is 9.25% Remember that land cannot be depreciated. Tax rate is 20% Compute the following: NPV of the wet is IRR of the Asset is MIRR of de tine NPV-RR profile looks like