Headland Inc. now has the following two projects available: Project Initial CF After-tax CF1 After-tax CF2 1 -11,916.85 5,600 6,650 2 -3,427.10 4,100 3,500 After-tax CF3 10,200 Assume that Rp = 5.7 percent, risk premium = 11.2 percent, and beta = 1.2. Use the EANPV approach to determine which project Headland 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.