A mining company is deciding whether to open a strip mine with an initial outlay at t = 0 of $2 million. Cash inflows of $12.5 million would occur at the end of Year 1. The land must be returned to its natural state so there is a cash outflow of $11 million, payable at the end of Year 2. a. Select the project's NPV profile. A B NPV (Millions of Dollars 3 2.5 2 1.5 1 0.5 NPV (Millions of Dollars) 3 2.5 2 1.5 1 0.5 0 NPV (Millions of Dollars 3 2.5 1. 1.5 0.5 : 0.5 100 200 300 400 +0.5 100 200 300 400 100 200 300 400 500 WA CC(% 500 WA CC% 500 WA CC(% NPV (Millions of Dollars 3 2.5 1.5 1 0.5 100 200 300 400 500 WA CC% The correct sketch is -Select- b. Should the project be accepted if WACC = 10%? -Select- Should the project be accepted if WACC = 20%? -Select- c. What is the project's MIRR at WACC = 10%? Do not round intermediate calculations. Round your answer to two decimal places. % What is the project's MIRR at WACC = 20%? Do not round intermediate calculations. Round your answer to two decimal places. % 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 in size.) -Select