Flint Inc. now has the following two projects available: Project Initial CF After-tax CF2 After-tax CF1 4,500 After-tax CF3 8,000 1 -10,942.35 5,000 2 -2,911.82 3,000 2,400 Assume that Rp = 3.5 percent, risk premium = 9.0 percent, and beta = 11. Use the EANPV approach to determine which project Flint 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