(Payback perlod and NPV caleulations) Plato Energy is an ol and gas exploration and development company located in Farmington, New Moxico. The company dris chalow wells in hopes of finding significant of and pas depesits. The fim is considering two dfferent draling oppontunilies that have very different production potentials. The fret is in the lamelt Shale region of central Texas and the cher is in the Guit Coast. The Bamett Stwie projoct requires a much larger initial investment but provides cash flows (f successhd) over a much langer period of time than the Gut Coast opponturity. In addition, the longee lep of the Bamen shale project also results in addifonal expenditures in year 3 of the project to enhance prodiction throughout the projact's to-year expected ilfe. This expendalure involves purming either waler or CO2 dawn imo the weils in order to increase the flow of of and gas froen the structure. The expected cash flows for the fwo projects are as followe: a. What is the payback poriod foc each of the two projects? b. Based on the paybeck periods, which of the two projects oppears to be the best allemative? What are the limitations of the payback penod rariing? That is, what does the poytadk period not consider that is impertant in determining the valie creation potential of these wo projects? c. It Plat's manegemont ises a ciscount rate of 21.3 percent to eviluate the prosent values of its energy limestrient projects, what is the Nep of the two proposed investrients? d. What is your estrmate of the vawe that will be created for Plato by the acceptance of esch of thesen two invetinente? Data table