Anadarko Petroleum must choose between two mutually exclusive oil-driling projects, which each have a cost of $12 million. Under Plan A all oll would be extrocted in one year, producing a cash flow at t=1 of $15.6 million. Under Plan B, cash flows would be $2.1 milion for 20 years. The firms WACC is 12K. At what rate are the NPV's for these two plans the same? That is, what is the crossover rate where the two projects' NPW are equal? Anadarko Petroleum must choose between two mutually exclusive oil-driling projects, which each have a cost of $12 million. Under Plan A all oll would be extrocted in one year, producing a cash flow at t=1 of $15.6 million. Under Plan B, cash flows would be $2.1 milion for 20 years. The firms WACC is 12K. At what rate are the NPV's for these two plans the same? That is, what is the crossover rate where the two projects' NPW are equal