A mining company is deciding whether to open a strip mine, which costs $1.5 million. Cash...

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A mining company is deciding whether to open a strip mine, whichcosts $1.5 million. Cash inflows of $12.5 million would occur atthe end of Year 1. The land must be returned to its natural stateat a cost of $12.5 million, payable at the end of Year 2.
What is the project's MIRR at WACC = 10%? Round your answer totwo decimal places. Do not round your intermediatecalculations.
%

What is the project's MIRR at WACC = 20%? Round your answer to twodecimal places. Do not round your intermediate calculations.
%

Does MIRR lead to the same accept/reject decision for this projectas the NPV method?
-Select-Yes or No

Does the MIRR method always lead to the same accept/reject decisionas NPV? (Hint: Consider mutually exclusive projects thatdiffer in size.)
-Select-Yes or No

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A mining company is deciding whether to open a strip mine, whichcosts $1.5 million. Cash inflows of $12.5 million would occur atthe end of Year 1. The land must be returned to its natural stateat a cost of $12.5 million, payable at the end of Year 2.What is the project's MIRR at WACC = 10%? Round your answer totwo decimal places. Do not round your intermediatecalculations.%What is the project's MIRR at WACC = 20%? Round your answer to twodecimal places. Do not round your intermediate calculations.%Does MIRR lead to the same accept/reject decision for this projectas the NPV method?-Select-Yes or NoDoes the MIRR method always lead to the same accept/reject decisionas NPV? (Hint: Consider mutually exclusive projects thatdiffer in size.)-Select-Yes or No