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Consider the following cash flows on two mutually exclusiveprojects for the Bahamas Recreation Corporation. Both projectsrequire an annual return of 17 percent.YearDeepwater FishingNew Submarine Ride0?$1,000,000?$1,950,0001420,0001,000,0002550,000850,0003470,000850,000(A) Compute the IRR for both projects. Based on IRR, whatproject should I choose?(B) Calculate the incremental IRR for cash flows. Based onincremental IRR, what project should I choose?(C) Compute the NPV for both projects. Based on NPV, what projectshould I choose?