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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: 0 Project Playhouse (minor project) Fort
You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: 0 Project Playhouse (minor project) Fort (major poject) Year-End Cash Flows ($ thousands) 1 2 19 22 40 52 - 29 - 75 IRR 25.8% 14.1% You can undertake only one project. If your cost of capital is 4%, use the incremental IRR rule to make the correct decision
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