Consider the following cash flows of two mutually exclusive projects for Scotia Rubber Company Assume the discount rate for Scotia Rubber Company is 6 percent (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit $ sign in your response.) Year 0 Dry Prepreg Solvent Prepreg -$1.900.000 - 905,000 1, 120,000 475,000 940,000 300,000 770.000 430,000 12 a. What is the payback period for each project? Dry Prepeg Solvent preped Payback period years years b. What is the NPV for each project? NFV 2 Dry Prepe Solvent Propes b. What is the NPV for each project? NPV th Dry Prepeg Solvent Prepeg $ c. What is the IRR for each project? IRR OP Dry Prepeg Solvent Prepeg $ d. Calculate the incremental IRR for the cash flows. Incremental IRR %