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eBook An oil drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t 0 of $11,8 million.

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eBook An oil drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t 0 of $11,8 million. Under Plan A, all the oil would be extracted in year, producing a cash flow at t = 1 of $14.16 million. Under Plan B, cash flows would be $2.0967 million per year for 20 years. The firm's WACC IS 12.9% 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 "O". Negative values, if any, should be indicated by a minus sign. Do not round Intermediate calculations. Round your answers to two decimal places Discount Rate NPV Plan A NOV Plan B 09 $ million million S million million 10 million million 12 million million 15 million million 17 0 million 0 million 20 0 million million Identity each project's IRR. Do not found intermediate calculations. Round your answers to two decimal places Project A 20.00 Project : 17.00

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