NPV PROFILES: TIMING DIFFERENCES An oil-drilling company must choose betweon two mutually exclusive extraction projects, and each costs $11.2 million. Under Plan A, all the oil would be extracted in 1 year, prod ang a cash flow at t-1 of $13.44 million. Under Plan B cash flows would be $1.9901 million year for 20 years. The firm's wccs 1 1.4 a. Construct NPV profiles for Plans A and B. Round your answers to two decimal places. Do not round your intermediate calculations. 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 value should be indicated by a minus sign. Discount Rate NPV Plan 0% million million )milion ??? million 10 million million 12 million million ?milion )million, ?million ?-?million 15 ( 17 20 million Identily each project's IRR. Round your answers to two decimal places. Do not round your intermediate calculations. Project A Project B Find the crossover rate. Round your answer to two decimal places. Do not round your intermediate calculations, b. Is it logical to assume that the firm would take on all available independent, average-risk projects with returns greater than 11.4%7 Sielect If all available projects with retumsgreater than 11,4% have been undertaken, does this mean that cash flows from past investments have an opportunity cost of only 11.4%, because all the company can do with these cash flows is to replace money that has a cost of 11.4%? Does this imply that the WACC is the correct reinvestment rate assumption for a project's cash flows