Consider the following cash flows on two mutually exclusive projects for the Bahama

Recreation Corporation $($BRC$).$ Both projects require an annual return of $14$ percent.

a$-1.$ Compute the IRR for both projects. $($Do not round intermediate calculations and

enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$Calculate the incremental IRR for the cash flows. Compute the NPV for both projects