Complete the following table: $($Do not round intermediate calculations. Enter the IRR

as a percent. Round your profitability index $($PI$)$ answers to $3$ decimal places, e$.$g$.,$

$32\mathrm{.}161,$ and other answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

What is the incremental IRR of investing in the larger project? $($Do not round

intermediate calculations and enter your answer as a percent rounded to $2$ decimal

places, e$.$g$.,32\mathrm{.}16.)$Consider two mutually exclusive new product launch projects that Nagano Golf is

considering. Assume the discount rate for both projects is $13$ percent.

Project

A:

Nagano NP$-30.$

Professional clubs that will take an initial investment of $$950,000$ at Time $0.$

Introduction of new product at Year $6$ will terminate further cash flows from this

project.

Project

$B$ :

Nagano NX$-20.$

High$-$end amateur clubs that will take an initial investment of $$691,000$ at Time

$0.$ Introduction of new product at Year $6$ will terminate further cash flows from

this project.

Complete the following table: $($Do not round intermediate calculations. Enter the IRR

as a percent Round your profitability index $($PI$)$ answers to $3$ decimal places, e$.$g$.,$

$32\mathrm{.}161,$ and other answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$