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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects Year-End Cash Flows (5 thousands) Project

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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects Year-End Cash Flows (5 thousands) Project 1 2 IRR Playhouse (minor project) - 30 15 18 0.4% Fort (major poject) 79 38 50 72% 0 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 I (Round to two decimal places.) With the incremental IRR at 7.02% and the cost of capital of 5%, you should undertake the (Select from the drop-down menu.)

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