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

What is the incremental IRR

You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects Year-End Cash Flows thousands) Project IRR 25.5% Playhouse (minor project) 28 20 19 10.6% 40 50 Fort (major poject) 77 You can undertake only one project. If your cost of capital is 9%, use the incremental IRR rule to make the correct decision