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An oil-drilling company must choose between two mutuallyexclusive extraction projects, and each costs $12 million. UnderPlan A, all the oil would be extracted in 1 year, producing a cashflow at t = 1 of $14.4 million. Under Plan B, cash flows would be$2.1323 million per year for 20 years. The firm's WACC is11.4%.Construct NPV profiles for Plans A and B. Round your answers totwo decimal places. Do not round your intermediate calculations.Enter your answers in millions. For example, an answer of$10,550,000 should be entered as 10.55. If an amount is zero enter"0". Negative value should be indicated by a minus sign.Discount RateNPV Plan ANPV Plan B0%$ million$ million5 million million10 million million12 million million15 million million17 million million20 million millionIdentify each project's IRR. Round your answers to two decimalplaces. Do not round your intermediate calculations.Project A %Project B %Find the crossover rate. Round your answer to two decimal places.Do not round your intermediate calculations.%Is it logical to assume that the firm would take on allavailable independent, average-risk projects with returns greaterthan 11.4%?-Select-YesNoIf all available projects with returns greater than 11.4% have beenundertaken, does this mean that cash flows from past investmentshave an opportunity cost of only 11.4%, because all the company cando with these cash flows is to replace money that has a cost of11.4%?-Select-YesNoDoes this imply that the WACC is the correct reinvestment rateassumption for a project's cash flows?