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A company is considering two mutually exclusive expansion plans. Plan A requires a $ 4 1 million expenditure on a large - scale integrated plant

A company is considering two mutually exclusive expansion plans. Plan A requires a $41 million expenditure on a large-scale integrated plant that would provide expected cash flows of $6.55 million per year for 20 years. Plan B requires a $12 million expenditure to build a somewhat less efficient, more labor-intensive plant with an expected cash flow of $2.69 million per year for 20 years. The firm's WACC is 9%.
A) Calculate each project's NPV. 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.
Plan A: $
Plan B: $
B) Calculate each project's IRR. Round your answer to two decimal places.
Plan A: %
Plan B: %
C)By graphing the NPV profiles for Plan A and Plan B, approximate the crossover rate to the nearest percent

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