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Assume the IRRs for both project 1 and 2 are larger than the MARR and the useful life of both projects is 8 years. Please

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Assume the IRRs for both project 1 and 2 are larger than the MARR and the useful life of both projects is 8 years. Please calculate the incremental IRR between the two projects. Please only fill in the number of your calculated result in the blank, e.g., if the result is 7.537%, fill in "7.54", also keep 2 digits after the decimal point. For the pre-session quiz, it is recommended to calculate the IRR using excel to save your time. Capital investment Annual revenues less expenses Project 1 900 150 Project 2 1500 276

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