Wildhorse Inc. now has the following two projects available: Project Initial CF After-tax CF1 After-tax CF2 After-tax CF3 1 -11,265.87 5,200 6,050 9,400 2 -3,175.08 3,700 3,100 Assume that Rp = 4.9 percent, risk premium = 10.4 percent, and beta = 1.3. Use the EANPV approach to determine which project Wildhorse 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 $ 3100.00 PMT2 2160.00 Project 1 should be chosen