15) An oil-drilling company must choose between two mutually exclusive extraction projects, and each costs $11.6 million. Under Plan A, all the oil would be extracted in 1 year, producing a cash flow at t = 1 of $13.92 million. Under Plan B, cash flows would be $2.0612 million per year for 20 years. The firm's WACC is 11.9%.

A) Construct NPV profiles for Plans A and B. Round your answers to two decimal places. Do not round your intermediate calculations. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10.55. If an amount is zero enter "0". Negative value should be indicated by a minus sign.

Discount Rate	NPV Plan A	NPV Plan B
0%	$_______ million	$ _______ million
5	_______ million	_______ million
10	_______ million	_______ million
12	_______ million	_______ million
15	_______ million	_______million
17	_______ million	_______million
20	_______ million	_______million

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

Project A %_______

Project B %_______

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