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P7-26 (similar to) :3 Question Help You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects:

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P7-26 (similar to) :3 Question Help You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Year-End Cash Flows ($ thousands) 12 Project Playhouse (minor project) Fort (major poject) 0 - 28 - 79 22 IRR 31.3% 8.0% You can undertake only one project. If your cost of capital is 7%, use the incremental IRR rule to make the correct decision. The incremental IRR is %. (Round to two decimal places.)

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