Question: Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both projects is 1 1 percent. Project

Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both projects is 11 percent.
Project
A:
Nagano NP-30.
Professional clubs that will take an initial investment of $930,000 at Time 0.
Introduction of new product at Year 6 will terminate further cash flows from this
project.
Project
B:
Nagano NX-20.
High-end amateur clubs that will take an initial investment of $673,000 at Time
0. Introduction of new product at Year 6 will terminate further cash flows from
this project.
Complete the following table: (Do not round intermediate calculations. Enter the IRR as
a percent. Round your profitability index (PI) answers to 3 decimal places, e.g.,32.161,
and other answers to 2 decimal places, e.g.,32.16.)
 Consider two mutually exclusive new product launch projects that Nagano Golf

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