As a separate project (Project P), the firm is considering sponsoring a pavilion at the upcoming Worlds Fair. The Pavilion would cost $900,000, and it is expected to result in $5.5 million of incremental cash inflows during its 1 year of operation. However, it would then take another year, and $5 million of costs, to demolish the site and return it to its original condition. Thus, Project Ps expected net cash flows look like this (in millions of dollars):

Year 0 1 2

Year	Net Cash Flows
0	($0.9)
1	5.5
2	(5.0)

The project is estimated to be of average risk, so its cost of capital is 10 percent.

(1) What is Project Ps NPV? What is its MIRR?

(2) Does Project P have normal or non-normal cash flows? Should this project be accepted?