Please answer all parts of the questions. Do not round intermediate calculations and please round the answers to two decimal places. Thank you.

23. Problem 11.15 (NPV Profiles: Timing Differences) eBook An oil-drilling company must choose between two mutually exclusive extraction projects, and each costs $11 million. Under Plan A, all the oil would be extracted in 1 year, producing a cash flow at t - 1 of $13.2 milion. Under Plan B, cash flows would be $1.9546 million per year for 20 years. The firm's WACC is 11.6%. a. Construt 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 NPV Plan B NPV Plan A 0% million million million million million million million 12 15 17 20 million million million million million million Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places. Project A: Project B: O Type here to search