Monty Inc. now has the following two projects available:

Assume that $R_F=5\mathrm{.}3$ percent, risk premium $=10\mathrm{.}8$ percent, and beta $=1\mathrm{.}1.$ Use the EANPV approach to

determine which project Monty Inc. should choose if they are mutually exclusive. $($Round cost of capital and

final answers to $2$ decimal places, e$.$g$\mathrm{.}17\mathrm{.}35\%$ or $2,513\mathrm{.}25.)$