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Year Fishing Ride 0 -$980,000 -$1,910,000 1 400,000 960,000 2 534,000 830,000 3 450,000 810,000 a-1. Compute the IRR for both projects. (Do not

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Year Fishing Ride 0 -$980,000 -$1,910,000 1 400,000 960,000 2 534,000 830,000 3 450,000 810,000 a-1. Compute the IRR for both projects. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Deepwater Fishing Submarine 19.00 % 18.00% Ride a-2.Based on the IRR, which project should you choose? Deepwater Fishing Submarine Ride b-1. Calculate the incremental IRR for the cash flows. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Incremental IRR % b- Based on the incremental IRR, which project should you choose? 2. Deepwater Fishing Submarine Ride c-1. Compute the NPV for both projects. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Deepwater Fishing Submarine Ride

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