Question: Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both projects is 9 percent. Project A:

 Consider two mutually exclusive new product launch projects that Nagano Golf

Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both projects is 9 percent. Project A: Nagano NP-30 Professional clubs that will take an initial investment of $870,000 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 $6,19,000 at Time 0. Introduction of new product at Year 6 will terminate further cash flows from this project. Complete the following table. What is the incremental IRR investing in the larger project

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