Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 6 percent. Dry Solvent Year Prepreg Prepreg o 31900,000 2905.000 1 1120.000 475.000 2 940,000 800.000 3 770,000 430.000 Q. What is the payback period for both projects? (Do not round Intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) Dry Prepeg Solvent Prepeg years b. What is the NPV for both projects? (Do not round Intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) Dry Prepeg Solvent Prepeg Exam - Chpaters 1-6:9 b. What is the NPV for both projects? (Do not round Intermediate calculations. Round your answers to 2 decimal places, e.g., 32.16.) Dry Prepeg Solvent Prepeg c. What is the IRR for both projects? (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e... 32.10.) Dry Prepeg Solvent Prepeg d. Calculate the incremental IRR for the cash flows. (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places. e.. 32.16) Incremental