A mining company is deciding whether to open a strip mine, which costs $1.5 million. Cash inflows of $13 million would occur at the end of Year 1. The land must be returned to its natural state at a cost of $12 million, payable at the end of Year 2. a. Plot the project's NPV profile. A NPV NPV (Millions (Millions of Dollas) Dollas) 2.5 25 2+ 1.5 1.5 0.5 0.5 0 0.5 0.5 400 WACC(%) 100 400 WACC(%) 200 200 300 100 300 C D (M ors of Dollas) f Dollas 2.5 2,5 15 15 0.5 0.5 0.5 0.5 + 400 WACC(%) 100 400 WACC% ) 200 100 200 300 300 The correct sketch is -Select- b. Should the project be accepted if WACC 10% -Select- Should the project be accepted if WACC=20%? -Select- 10%? Round your answer to two decimal places. Do not round your intermediate calculations d. What is the project's MIRR at WACC % 20%? Round your answer to two decimal places. Do not round your intermediate calculations. What is the project's MIRR at WACC Does MIRR lead to the same accept/reject decision for this project as the NPV method? -Select Does the MIRR method always lead to the same accept/reject decision as NPV? (Hint: Consider mutually exclusive projects that differ i -Select size.)