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Mario Brothers, a game manufacturer, has a new idea for an adventure game. It can either market the game as a traditional board game or

Mario Brothers, a game manufacturer, has a new idea for an adventure game. It can
either market the game as a traditional board game or as a PC game, but not both.
Consider the following cash flows of the two mutually exclusive projects. Assume the
discount rate for both projects is 9 percent
a. What is the payback period for each project? (Do not round intermediate
calculations and round your answers to 2 decimal places, e.g.,32.16.)
b. What is the NPV for each project? (Do not round intermediate calculations and
round your answers to 2 decimal places, e.g.,3216.)
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. What is the incremental IRR? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e.g.,32.16.)
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