Shao Airlines is considering the purchase of two alternative planes. Plane

A has an expected life of $5$ years, will cost $$100$ million, and will produce

net cash flows of $$28$ million per year. Plane $B$ has a life of $10$ years, will

cost $$132$ million, and will produce net cash flows of $$27$ million per year.

Shao plans to serve the route for only $10$ years. Inflation in operating

costs, airplane costs, and fares are expected to be zero, and the

company's cost of capital is $9\%.$ By how much would the value of the

company increase if it accepted the better project $($plane$)?$ Do not round

intermediate calculations. Enter your answer in millions. For example, an

answer of $$1\mathrm{.}234$ million should be entered as $1\mathrm{.}234,$ not $1,234,000.$

Round your answer to three decimal places.

$

million

What is the equivalent annual annuity for each plane? Do not round

intermediate calculations. Enter your answers in millions. For example, an

answer of $$1\mathrm{.}234$ million should be entered as $1\mathrm{.}234,$ not $1,234,000.$

Round your answers to three decimal places.

Plane A: $

million

Plane B: $

million