Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require ar annual return of 17 percent. Deepwater New Submarine Year Fishing Ride 0 $1, 015,000 $1,980,000 1,030,000 865,000 880,000 435,000 562,000 485,000 a-1. Compute the IRR for both projects. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRR Deepwater Fishing Submarine Ride a-2. Based on the IRR, which project should you choose? Submarine Ride Deepwater Fishing b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR b-2. Based on the incremental IRR, which project should you choose? Submarine Ride b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR % b-2. Based on the incremental IRR, which project should you choose? Submarine Ride Deepwater Fishing 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.) NPV Deepwater Fishing Submarine Ride c-2. Based on the NPV, which project should you choose? Submarine Ride Deepwater Fishing c-3. Is the NPV rule consistent with the incremental IRR rule? O Yes No O