Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require an annual return of 17 percent. Deepwater Submarine Year Fishing Ride 0 $1,000,000 $1,950,000 1 420,000 1,000,000 2 550,000 850,000 3 470,000 850,000 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.) a-2. Based on the IRR, which project should you choose? b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-2. Based on the incremental IRR, which project should you choose? 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.) c-2. Based on the NPV, which project should you choose? C-3. Is the NPV rule consistent with the incremental IRR rule