Consider the following cash flows of two mutually exclusive projects for Scotia Rubber Company. Assume the discount rate for Scotia Rubber Company is 9 percent. (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit $ sign in your response.) Year Dry Prepreg Solvent Prepreg -$1,720,000 -$ 760,000 1 1,102,000 385,000 2 904,000 620,000 3 752,000 394,000 a. What is the payback period for each project? Dry Prepreg Solvent Prepreg Payback period years years b. What is the NPV for each project? Dry Prepreg Solvent Prepreg NPV $ $ c. What is the IRR for each project? (Omit '%' sign in your response.) Dry Prepreg Solvent Prepreg IRR % % d. Calculate the incremental IRR for the cash flows. (Omit '%' sign in your response.) Incremental IRR %