Wii Brothers, a game manufacturer, has a new idea for an adventure game. It can market the game either as a traditional board game or as an interactive DVD, but not both. Consider the following cash flows of the two mutually exclusive projects for the company. Assume the discount rate is 8 percent.

Year	Board Game	DVD
0	$ 1,500	$ 3,300
1	750	2,050
2	1,250	1,630
3	270	1,100

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., 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.	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.)

\begin{tabular}{|l|l|l|} \hline a. Board game & & years \\ \hline a. DVD & & years \\ \hline b. Board game & & \\ \hline b. DVD & & \\ \hline c. Board game & & % \\ \hline c. DVD & & % \\ \hline d. Incremental IRR & & % \\ \hline \end{tabular}