Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 16 percent. Deepwater New Submarine Year Fishing 0 -$980,000 400,000 534,000 450,000 Ride -$1,910,000 960,000 830,000 810,000 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? O Deepwater Fishing 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? O Deepwater Fishing Submarine Ride c-1. Compute the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) NPV Deepwater Fishing Submarine Ride