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VConsider the following cash flows of two mutually exclusive projects for A - Z Motorcars. Assume the discount rate for both projects is 1 1

VConsider the following cash flows of two mutually exclusive projects for A-Z Motorcars. Assume the discount rate for both projects is 11Consider two mutually exclusive new product launch projects that Nagano Golf is considering. Assume the discount rate for both
projects is 13 percent.
References
Project A: Nagano NP-30.
Professional clubs that will take an initial investment of $900,000 at Time 0. Introduction of new product at Year 6 will terminate further
cash flows from this project.
Project B: Nagano NX-20.
High-end amateur clubs that will take an initial investment of $646,000 at Time 0. Introduction of new product at Year 6 will terminatenswers to 3 decimal
places, e.g.,32.161, and other answers to 2 decimal places, e.g.,32.16.
percent.
a. What is the payback period for each project?
Note: 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?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
c. What is the IRR for each project?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
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