Question: please help An oil-drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t=0 of $11.8 million. Under

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An oil-drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t=0 of $11.8 million. Under Plan A, all the oil would be extracted in 1 year, producing a cash flow at t=1 of $14.16 million. Under Plan B, cash flows would be $2.0967 million per year for 20 years. The firm's WACC is 13%. a. Construct 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 " 0 ". Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to two decimal places. Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places. Project A: % Project B: % Find the crossover rate. Do not round intermediate calculations. Round your answer to two decimal places. 8% An oil-drilling company must choose between two mutually exclusive extraction projects, and each requires an initial outlay at t=0 of $11.8 million. Under Plan A, all the oil would be extracted in 1 year, producing a cash flow at t=1 of $14.16 million. Under Plan B, cash flows would be $2.0967 million per year for 20 years. The firm's WACC is 13%. a. Construct 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 " 0 ". Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to two decimal places. Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places. Project A: % Project B: % Find the crossover rate. Do not round intermediate calculations. Round your answer to two decimal places. 8%
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