An oil-drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t=0 of $11 million. Under Plan A, all the oll would be extracted in 1 year, producing a cash flow at t=1 of $13.2 million. Under. Plan B, cash flows would be $1.9546 million per year for 20 years. The firm's WACC is 11.4%. a. Construct NPV profiles for Plans A and B, 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 values, if any, should be indicated by a minus 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 onswer to two decimal places. 46 b. Is it logical to assume that the firm would take on all avalable independent, average-risk projects with returns greater than 11.4% ? If all avalibie projects with returns greater than 11.4% have been undertaken, does this mean that cash fows from past investments have an opportunity cost of oniy 11.4%, because all the compery can do with these cash flows is to replace maney that has a cost of 11.4% ? Does this imply that the wACC is the correct reinvestment rate assumption for a project's cash fiows