eBook Multiple Rates of Return The Ulmer Uranium Company is deciding whether or not to open a strip mine whose net cost is 54.4 million. Net cash inflows are expected to be s27.7 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 a. Select the correct graph for the project's NPV profile. A B D NPV Millions of dollars) 300 100 200 Discount Rate ( NPV Millions of dollars) 100 200 Discount Rate (8 300 400 Discount Rate(%) 400 100 200300 400 100 200 300 -1 Discount Rate (5) -2 -3 -4 :5 The correct graph is -Select- b. Should the project be accepted if r = 6%? Explain your reasoning. The project -Select- V be accepted because NPV is-Select- v Should the project be accepted if r = 11%? Explain your reasoning, The project -Select- be accepted because NPV is -Select- v. c. What is the project's MIRR at r = 6%? Do not round intermediate calculations. Round your answer to two decimal places. % What is the project's MIRR at r= 11%? Do not round intermediate calculations. Round your answer to two decimal places. % Calculate the two projects' NPVs. Do not round intermediate calculations. Round your answers to the nearest dollar. Use a minus sign to enter negative values, if any. NPV at r= 6%: $ NPV at r= 11%: Does the MIRR method lead to the same accept-reject decision as the NPV method? The MIRR method -Select- V to the same accept-reject decision as the NPV method