Problem 5-11 NPV versus IRR Consider the following cash flows on two mutually exclusive projects for...

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Problem 5-11 NPV versus IRR Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 14 percent. Year 0123 Deepwater Fishing -$ 955,000 375,000 514,000 425,000 New Submarine Ride -$ 1,860,000 910,000 805,000 760,000 c-1. Compute the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Deepwater Fishing Submarine Ride Problem 5-11 NPV versus IRR Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 14 percent. Year 0123 Deepwater Fishing -$ 955,000 375,000 514,000 425,000 New Submarine Ride -$ 1,860,000 910,000 805,000 760,000 c-1. Compute the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Deepwater Fishing Submarine Ride