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company is considering two mutually exclusive expansion plans, plan A requires a $41 million expenditure on a irge-scaie integrated plant that would peovide expected cash

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company is considering two mutually exclusive expansion plans, plan A requires a $41 million expenditure on a irge-scaie integrated plant that would peovide expected cash flaws \$\$6.55 millan per year for 20 years. Pian B requlres a $13 million expenditure to bulld a somevhat less effelent, more labor-intensive plant with an expected cash flow of 52.91 illion per year for 20 years. The firmis WACC is 11% : a. Calculate each project's NPV. Enter your answers in millions. For example, an answer of $10,550,000 should be entered as 10,55 . Do not round intermediate calculations. Round your answers to two decimal places. Calculate each project's trR. Round your answers to ono decimal place. Pian A: Plan B- b. Ey graphing the NPV profiles for Plan A and Plan 8. determine the crossover rate. Pound your answer to one decimal place: c. Calculate the crossover rate where the two projects' Norvs are tqual. Round your answer to one decinal phace. d. Is NBV betser than 198 for making copital budgetiog decsions that ads to ahareholder value? - Esied

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