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You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Project Playhouse (minor project) Fort (major
You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Project Playhouse (minor project) Fort (major poject) 0 - 26 - 77 Year-End Cash Flows ($ thousands) 1 2 20 22 38 50 IRR 38.2% 9.0% You can undertake only one project. If your cost of capital is 9%, use the incremental IRR rule to make the correct decision. The incremental IRR is [%. (Round to two decimal places.) With that incremental IRR and a cost of capital of 9%, you should undertake the (Select from the drop-down menu.)
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