all options for b are yes or no

An oll-drilling company must choose between two mutually exclusive extraction projects; and each requires an initial outiay at t=0 of $13 million, Under Plan A, all the ofl would be extracted in 1 year, producing a cash flow at t=1 of $15.6 million. Under Plan B, cash flow5 would be $2.31 million per year for 20 years. The firm's WACC is 13%. a. Construct NPV proflies for Pians A and B. Enter your answers in millions. For example, an answet of $10,550,000 should be entered as 10.55 , If an amount is zero, enter " 0 ". Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations, Round your answers to two decimal placos: Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places, Project A: Project B: W Project 8: Ss 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 avallable independent, average-risk projects with returns oreater than 139% ? . Is it logical to assume that the firm would take on all available independent, average-risk projects with returns greater than 13% ? If all available projects with returns greater than 13% have been undertaken, does this mean that cash flows from past investments have an opportunity cost of only 13%, because all the company can do with these cash flows is to replace money that has a cost of 13% ? Does this imply that the WACC is the correct reinvestment rate assumption for a project's cash flows