Consider the following cash flows on two mutually exclusive projects for the B.C. Recreation Corporation (BCRC). Both projects require an annual return of 16 percent. As a financial analyst for BCRC, you are asked to answer the following questions: a-1. Calculate the IRR for both projects. (Do not round intermediate calculations. Round the answer to 2 decimal places. Omit '\%' sign in your response.) a-2. If your decision rule is to accept the project with the greater IRR, which project should you choose? Deepwater Fishing New Submarine Ride b-1. Calculate the incremental IRR for the projects. (Do not round intermediate calculations. Round the answer to 2 decimal places. Omit '\%' sign in your response.) Incremental IRR %