Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both products is $12$ percent.

Project A: Nagano NP$-30.$

Professional clubs that will take an initial investment of $$630,000$ at Year $0.$

For each of the next $5$ years, $($Years $1-5),$ sales will generate a consistent cash flow of $$265,000$ per year.

Introduction of new product at Year $6$ will terminate further cash flows from this project.

Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both products is $12$ percent.

Project A: Nagano NP$-30.$

Professional clubs that will take an initial investment of $$630,000$ at Year $0.$

For each of the next $5$ years, $($Years $1-5),$ sales will generate a consistent cash flow of $$265,000$ per year.

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 $$600,000$ at Year $0.$

Cash flow at Year $1$ is $$180,000.$ In each subsequent year, cash flow will grow at $10$ percent per year.

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 $$600,000$ at Year $0.$

Complete the following table: $($Do not round intermediate calculations. Round your $"$PI$"$

answers to $3$ decimal places, e$.$g$.,32\mathrm{.}161,$ and other answers to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.$ Enter your IRR answers as a percent.$)$Cash flow at Year $1$ is $$180,000.$ In each subsequent year, cash flow will grow at $10$ percent per year.

Introduction of new product at Year $6$ will terminate further cash flows from this project.