A mining company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t=0 of $12 milion. Under Plan A. all the oil would be extracted in 1 year, producing a cash flow at t+1 of $18.3 million. Under Plan B. cash flows would be $3.2 million per year for 8 years. Estimate the crossover rate of the NPVs for Plans A and B. If the firm's WACC is 13% what is the NPV of the project you would recommend? 10.78% 53,36 million 10.90%: 54.19 million 11 26% 35 51 million 10 78%: $419 million 10.96%:$3.36 million