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U Question 10 Anadarko Petroleum must choose between two mutually exclusive oil-drilling projects, which each have a cost of $12 million. Under Plan At would

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U Question 10 Anadarko Petroleum must choose between two mutually exclusive oil-drilling projects, which each have a cost of $12 million. Under Plan At would be extracted one year, producing a cash flowatt - 1 of 5148 million. Under Plan B, cash flows would be 52.1 million for 20 years. The WACC 12%. At whatrate are the NPVs for these two plans the same? That is what is the crowsover rate where the two projects' NPV area 5 pts Your answer should be between 12.25 and 1745, rounded to 2 decimal places, with no special characters

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