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Answers to C and D are urgently needed in ten minutes. Consider the following cash flows of two mutually exclusive projects for Scotia Rubber Company.

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Answers to C and D are urgently needed in ten minutes.

Consider the following cash flows of two mutually exclusive projects for Scotia Rubber Company. Assume the discount rate for Scotia Rubber Company is 12 percent: (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit $ sign in your response.) Year 0 1 Dry Prepreg -$1,750,000 1, 105,000 910,000 755,000 Solvent Prepreg -$ 775,000 400,000 650,000 400,000 3 a. What is the payback period for each project? Dry Prepeg Solvent Prepeg Payback period 1.711 years 1.58 years b. What is the NPV for each project? Dry Prepeg Solvent Prepeg NPV $ 499447.6 $ 1160030. c. What is the IRR for each project? IRR Dry Prepeg Solvent Prepeg d. Calculate the incremental IRR for the cash flows Incremental IRR %

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