Question: please answer the complete question Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require an annual

please answer the complete question  please answer the complete question Consider the following cash flows on
two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require

Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation. Both projects require an annual return of 16 percent. Year Deepwater Fishing -$990,000 410.ee 542.000 460,000 New Submarine Ride $1,930.000 980.000 340. 830. 1 0-1. Compute the IRR for both projects. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) Deepwater Fishing Submarine Ride a-2. Based on the IRR, which project should you choose? Submarine Ride Deepwater Fishing b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR % b-2. Based on the incremental IRR, which project should you choose? b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR % b-2. Based on the incremental IRR, which project should you choose? Submarine Ride Deepwater Fishing (-1. Compute the NPV for both projects. (Do not round Intermediate calculations and round your answers to 2 decimal places, .. 32.16.) Deepwater Fishing Submarine Ride c-2. Based on the NPV, which project should you choose? Submarine Ride Deepwater Fishing c-3. Is the NPV rule consistent with the incremental IRR rule? Yes No

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