Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume that the discount rate for Nagano Golf is $14$ percent

Project A: Nagano NP$-30.$ Professional clubs that will take an initial investment of $$613,000$ at time $0.$ Next five years $($years $15)$ of sales will generate a consistent cash flow of $$221,000$ 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 $$410,000$ at time $0.$ Cash flow at year $1$ is $$130,000.$ 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.

Year NP$-30$ NX$-20$

$0$$ $613,000$$ $410,000$

$1221,000130,000$

$2221,000143,000$

$3221,000157,300$

$4221,000173,030$

$5221,000190,333$

Complete the following table: $($Do not round intermediate calculations. Round the $"$PI$"$ answers to $3$ decimal places and other answers to $2$ decimal places. Omit $ sign in your response. Omit $\text{'}\%\text{'}$ sign in your response.$)$

NP$30$ NX$20$ Implications

Net present value

$($Click to select$)$

Internal rate of return

$\%$

$($Click to select$)$

Incremental internal rate of return

$\%$

$($Click to select$)$

Profitability index $

$

$($Click to select$)$