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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: (Click on the following icon

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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: (Click on the following icon in order to copy its contents into a spreadsheet.) Project Playhouse Fort Year-End Cash Flows ($ thousands) 0 1 2 - 26 19 19 IRR 29.5% - 78 40 51 10.5% You can undertake only one project. If your cost of capital is 4%, use the incremental IRR rule to make the correct decision. The incremental IRR is %. (Round to two decimal places.)

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