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 0 New Submarine Ride -$ 1,650,000 890,000 730,000 590,000 Deepwater Fishing -$ 875,000 330,000 480,000 440,000 WN - a-1. Compute the IRR for both projects. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Deepwater Fishing Submarine Ride % % a-2. Based on the IRR, which project should you choose? O Submarine Ride O Deepwater Fishing