Consider two mutually exclusive R&D projects that Savage Tech is considering. Assume the discount rate for both projects is $12$ percent. Project A: Server CPU $\mathrm{.}13$ micron processing project By shrinking the die size to $\mathrm{.}13$ micron, the company will be able to offer server CPU chips with lower power consumption and heat generation, meaning faster CPUs. Project B: New telecom chip project Entry into this industry will require introduction of a new chip for cell phones. The know$-$how will require a large amount of up$-$front capital, but success of the project will lead to large cash flows later on$.$ Year Project A Project B $0$$ $735,000$$ $943,0001346,000261,0002364,000369,0003258,000366,0004183,000419,0005126,000504,000$ Complete the following table: Note: Do not round intermediate calculations. Enter the IRR as a percent. Round your profitability index $($PI$)$ answers to $3$ decimal places, e$.$g$.,32\mathrm{.}161,$ and other answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$ What is the incremental IRR of investing in the larger project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$