Homework 2 quest 13

projects is 11 percent. Project A: Nagano NP-30. Professional clubs that will take an initial investment of $1,030,000 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 $763, 000 at Time 0. Introduction of new product at Year 6 will terminate further cash flows from this project. Year NP- 30 NX- 20 -$1, 030, 000 -$763, 000 1 UI D WN 361, 000 281, 000 351, 000 289, 000 326, 000 272, 000 329, 000 264, 000 239, 000 202, 000 Complete the following table: (Do not round intermediate calculations. Enter the IRR as a percent. Round your profitabili (PI) answers to 3 decimal places, e.g., 32.161, and other answers to 2 decimal places, e.g., 32.16.) NP- 30 NX-20 NPV $ $ IRR PI What is the incremental IRR of investing in the larger project? (Do not round intermediate calculations. Enter your answer a percent rounded to 2 decimal places, e.g., 32.16.)