percenr with those of the 11. NPV versus IRR Consider the following cash flows on two mutually evcl projects for the Bahamas Recreation Corporation (BRC). Both projects require an a return of 14 percent. re an annual New Submarine Ride Deepwater Fishing $850,000 320,000 470,000 410,000 Year $1,650,000 810,000 750,000 690,000 2 As a financial analyst for BRC, you are asked the following questions: a. If your decision rule is to accept the project with the greater IRR, which project should you choose? c. To be prudent, you compute the NPV for both projects. Which project should yu choose? Is it consistent with the incremental IRR rule? Problems with PuotitI tu