An oil-drilling company must choose between two mutuallyexclusive extraction projects, and each requires an initial outlayat t = 0 of $12.4 million. Under Plan A, all the oil would beextracted in 1 year, producing a cash flow at t = 1 of $14.88million. Under Plan B, cash flows would be $2.2034 million per yearfor 20 years. The firm's WACC is 11.6%. Construct NPV profiles for Plans A and B. Enter your answers inmillions. For example, an answer of $10,550,000 should be enteredas 10.55. If an amount is zero, enter "0". Negative values, if any,should be indicated by a minus sign. Do not round intermediatecalculations. Round your answers to two decimal places. Discount Rate NPV Plan A NPV Plan B 0 % $    million     $    million     5   million   million 10   million   million 12   million   million 15   million   million 17   million   million 20   million   million Identify each project's IRR. Do not round intermediatecalculations. 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.   % Is it logical to assume that the firm would take on allavailable independent, average-risk projects with returns greaterthan 11.6%? -Select-YesNoItem 18 If all available projects with returns greater than 11.6% havebeen undertaken, does this mean that cash flows from pastinvestments have an opportunity cost of only 11.6%, because all thecompany can do with these cash flows is to replace money that has acost of 11.6%? -Select-YesNoItem 19 Does this imply that the WACC is the correct reinvestment rateassumption for a project's cash flows? -Select-YesNoItem 20