Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for Nagano Golf is 15 percent.
Project A: Nagano NP- 30.
Professional clubs that will take an initial investment of $ 550,000 at time 0.
Next five years (Years 1€“ 5) of sales will generate a consistent cash flow of $ 185,000 per year.
Introduction of new product at Year 6 will terminate further cash flows from this project.
Project B: Nagano NX- 20.
High- end amateur clubs that will take an initial investment of $ 350,000 at Time 0.
Cash flow at Year 1 is $ 100,000. In each subsequent year cash flow will grow at 10 percent per year.
Introduction of new product at Year 6 will terminate further cash flows from this project.

Please fill in the followingtable:

NP-30 NX-20 Implications Payback IRR Pl NPV