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Sunland Inc. now has the following two projects available: Assume that RF=3.7 percent, risk premium =9.2 percent, and beta =1.3. Use the EANPV approach to

image text in transcribed Sunland Inc. now has the following two projects available: Assume that RF=3.7 percent, risk premium =9.2 percent, and beta =1.3. Use the EANPV approach to determine which project Sunland 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.)

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