A company is considering two mutually excluslve expansion plams. Plan A requires a 539 million expenditure on a large-scale integrated plant that would provide expected cash flows of $6.23 million per year for 20 years. Plan B requires a $12 milion expendture to build a somenhat less ethcient, more laborinkensive piant with an expected cash flow of $2.69 milion per year for 20 years. The firm's WACC is 9%. a. Calculate each project's NPV. Enter your answers in milions. For example, an answer of 510,550,000 should be entered as 10.55 . Do not round intermediate calcilations. Round your answers to two decimal places. Plan A: mition Bian B: 5 million Calculate each project's tRR. Round your answers to one decimal place. Plan A: Pan B: b. By graphing the NPV profies for Man A and Plan B, determine the crostover rate. Round wour answer to one decimal place. c. Calculate the erossover rate where the two projects' NPVs are equal. Round your answer to 'one decmal place. d. Is NPV better than 18e for making capital budgeting decisions that add to shareholder value? A company is consldering two mutually exclusive expansion plans. Plan A requires a $39 minon expenditure on a large-scale integrated ptant that would provide expected cash faws of $6.23 mallon per year for 20 years. Plan B requires a $12 milion expenditure to build a somewhat less effient, more fabor-intersive plant wah 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. Enter your answers in millons. For example, an answer of $10,550,000 should be entered as 10,55 , Do not round intermediate ealculations. Round your answers to two decimal places. PlanA:PlanB:$millionmillion Calculate each project's IRR. Round your answers to one decimal place. Plan A: Plan 8: b. BY graphing the NPY profiles for Pian A and Plan B, determine the crossover rate. Round your answer to one decimal place. c. Calculate the crossover rate where the two projects' NPvs are equal. Round your answer to one decimal place d. Is NPV better than IRR for making caplat budgeting decisions that add to shareholder value