A mining company is deciding whether to open a strip mine with an initial outlay at t=0 of $1.5 million. Cash inflows of $14 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 $12.5 million, payable at the end of Year 2 . b. Should the project be accepted if WACC =10% ? Should the project be accepted if WACC =20% ? 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? Does the MIRR method always lead to the same accept/reject decision as NPV? (Hint: Consider mutually exclusive projects that differ in size.)