A company is considering two mutually exclusive expansion plans. Plan A requires a $$39$ million expenditure on a large$-$scale integrated plant that would provide expected cash flows of $$6\mathrm{.}23$ million per year for $20$ years. Plan B requires a $$13$ million expenditure to build a somewhat less efficient, more labor$-$intensive plant with an expected cash flow of $$2\mathrm{.}91$ million per year for $20$ years. The firm's WACC is $11\%.$

Calculate each project's NPV$.$ Enter your answers in millions. For example, an answer of $$10,550,000$ should be entered as $10\mathrm{.}55.$ Do not round intermediate calculations. Round your answers to two decimal places.

Plan A: $

million

Plan B: $

million

Calculate each project's IRR. Round your answers to one decimal place.

Plan A:

$\%$

Plan B:

$\%$

By graphing the NPV profiles for Plan A and Plan B$,$ determine the crossover rate. Round your answer to one decimal place.

$\%$

Calculate the crossover rate where the two projects' NPVs are equal. Round your answer to one decimal place.

$\%$

Is NPV better than IRR for making capital budgeting decisions that add to shareholder value?

$-$Select$-$