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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

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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 (major poject) Year-End Cash Flows ($ thousands) 1 2. 15 20 39 52 - 30 - 80 IRR 10.4% 8.6% You can undertake only one project. If your cost of capital is 8%, use the incremental IRR rule to make the correct decision. The incremental IRR is %. (Round to two decimal places.)

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