3. The Ulmer Uranium Company is deciding whether or not to open a strip mine whose net cost is $4.4 million. Net cash inflows are expected to be $27.7 million, all coming at the end of Year 1. The land must be returned to its natural state at a cost of $25 million, payable at the end of Year 2. Plot the project's NPV profile. b. Should the project be accepted if r=8% ? If r=14% ? Explain your reasoning. c. What is the project's MIRR at 8% ? At 14% ? Does the MIRR method lead to the same accept-reject decision as the NPV method? 0 4.4 1 27.7 2 -25 NPV 5% 8% 10% 14% 50% 100% 150% 200% 250% 300% 350% 400% 450% 8% = 14% r= 8% = 14% MIRR= MIRR=