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15.6 million. Under Plan B, cash flows would be $2.31 million per year for 20 years. The firm's WACC is 12.4%. sign. Do not round

image text in transcribed 15.6 million. Under Plan B, cash flows would be $2.31 million per year for 20 years. The firm's WACC is 12.4%. 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. % . Is it logical to assume that the firm would take on all available independent, average-risk projects with returns greater than 12.4% ? to replace money that has a cost of 12.4% ? Does this imply that the WACC is the correct reinvestment rate assumption for a project's cash flows

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