q25

You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects Year-End Cash Flows ($ thousands) Project Playhouse (minor project) Fort (major poject) - 26 - 75 18 39 20 51 IRR 28.9% 12.5% You can undertake only one project. If your cost of capital is 5%, use the incremental IRR rule to make the correct decision. The incremental IRR is L%. (Round to two decimal places.) With the incremental IRR at 3.80% and the cost of capital of 59, you should undertake the |. (Select from the drop-down menu.) playhouse project fort project