Current Attempt in Progress Pronghorn Inc. now has the following two projects available: Project Initial CF After-tax CF1 After-tax CF2 After-tax CF3 1 -11,144.07 4,650 5,225 8,300 2 -3,003.54 3,150 2,550 Assume that RF = 3.8 percent, risk premium = 9.3 percent, and beta = 1.1. Use the EANPV approach to determine which project Pronghorn Inc. should choose if they are mutually exclusive. (Round cost of capital and final answers to 2 decimal places, e.g.17.35% or 2,513.25.) PMT1 $ PMT2 $ should be chosen.