Please answer all parts to the questions. Do not round intermediate calculations and please round the answers to two decimal places. Thank you.

A mining company is deciding whether to open a strip mine, which costs $2 million. Cash inflows of $14 million would occur at the end of Year 1. The land must be returned to its natural state at a cost of $12.5 million, payable at the end of Year 2. a. Select the project's NPV profile. NPV Millions of Dollars NPV Millions of Dollas NPV Millions of Dollars 0.5 0.5 300 400 500 100 300 400 500 100 200 300 400 500 WACC(%) WACC%) WACC(%) NPV (Milions of Dollars 0.5 100 200 300 400 500 WACC/%) The correct sketch is Select- b. Should the project be accepted if WACC 10%? Select- v Type here to search