$=1$ of $$14\mathrm{.}16$ million. Under Plan B$,$ cash flows would be $$2\mathrm{.}0967$ million per year for $20$ years. The firm's WACC is $12\mathrm{.}1\%.$

minus sign. Do not round intermediate calculations. Round your answers to two decimal places.

Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places.

Project A: $,\%$

Project B: $,\%$

Find the crossover rate. Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

b$.$ Is it logical to assume that the firm would take on all available independent, average$-$risk projects with returns greater than $12\mathrm{.}1\%?$

flows is to replace money that has a cost of $12\mathrm{.}1\%?$

Does this imply that the WACC is the correct reinvestment rate assumption for a project's cash flows?