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HW-70 Save 2 Consider the following cash flows of two mutually exclusive projects for Spartan Rubber Company, Assume the discount rate for both projects is

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HW-70 Save 2 Consider the following cash flows of two mutually exclusive projects for Spartan Rubber Company, Assume the discount rate for both projects is 10 percent. Solvent Year Dry Prepreg Prepreg 0 -$1,830,000 -$ 815,000 1 1,113,000 440,000 2 926,000 730,000 3 763,000 416,000 25 points eBook Print References a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decinal places, e.g. 32.16.) b. What is the NPV for each project? (Do not rouna intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. Calculate the incremental IRR between the projects. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) years years a. Dry prepreg payback period Solvent prepreg payback period b. Dry prepreg NPV Solvent prepreg NPV c. Dry prepreg IRR Solvent prepreg IRR d. Incremental IRR % % %

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