C. WHAT IS THE IRR FOR BOTH PROJECTS?

DRY PREPEG= %

SOLVENT PREPEG= %

D.CALCULATE THE INCREMENTAL IRR FOR THE CASH FLOWS.

INCREMENTAL IRR= %

PLEASE SOLVE.

Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 12 percent. a. What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. What is the NPV for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)