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Use the following information to answer the next 9 questions. Consider the following cash flows...

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Accounting

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Use the following information to answer the next 9 questions. Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 16 percent. As mentioned in the class, read Example 5.2 in the textbook about the incremental IRR and learn how to compute it. Then, answer the following questions. 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., enter "32.16" for 32.16%.) Question 12 1.25pts Based on the incremental IRR, which project should you choose? Deepwater Fishing New Submarine Ride Both projects should be chosen. None of the projects should be chosen

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