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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 17 22 40 52 -26 -80 IRR 30.3% 9.4% 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 %. (Round to two decimal places.) (Select from the With the incremental IRR at - 1.19% and the cost of capital of 5%, you should undertake the drop-down menu.)

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