what is PLAN A and PLAN B

A company is considering two mutually exclusive expansion plans. Flan A repulret a 14f mition expenditure on a iarge scale integrated plant that woblg provide expected cash flows of $6.55 million per year for 20 years. PAan B fequires a 511 million eupenditure to buld a somewhat lets effieint, more labep intensive plant with an expected cash flow of $2.47 milion per ynar for 20 years. The firm's WAcC is 9%. The dafa has been collected in the Mierosoft. Excel Online file below, Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet. a. Calculate each project's NPV. Round your answers to two decimal places. Do not round your intermediate caiculations. Cnter your ansers in. millions. For example, an answer of $10,550,000 should be entered as 10.55. Ptan A: 5 (3) million Pian B:5 (3) milion Calculate each project's 1RR. Round your answer to two decimal piaces. Plan A: Plan B: b. By graphing the NPN profiles for Plan A and Plan B, approximate the crossover rate to the nearest percent. c. Calculate the crossover rate where the two projects' NPVs are equal. Round your answer to two decimat places. d. Why is NPV better than IRR for making capital budgeting decisions that add to sharehoider value? The input in the boe below wil not be graded, but may be reviewed and considered by your instructor