Use Excel for Calculation and Show the process like how you calculate it.

Question 5 Consider the following cash flows on two mutually exclusive projects for RBI Corporation. Both projects require an annual return of 14% Deepwater Fishing New Submarine Ride Year 0 2 950,000 370,000 510,000 420,000 1,850,000 900,000 800,000 750,000 As a financial analyst for RBI, you are asked the following questions a. If your decision rule is to accept the project with the great IRR, which project should you choose? Because you are fully aware of the IRR rule's scale problem, you calculate the incremental IRR for the cash flows. Based on your computation, which project should you choose? To be prudent, you compute the NPV for both projects. Which project should you choose? Is the NPV rule consistent with the incremental IRR rule? Show all computations b. c