0 You work for an outdoor play structure manufacturing company and are trying to decide...
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0 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 Playhouse (minor project) - 27 21 Fort (major poject) 9.6% You can undertake only one project. If your cost of capital is 7%, use the incremental IRR rule to make the correct decision 2 1 18 38 IRR 27.6% -78 52 The incremental IRR la 1% (Round to two decimal places.) 1
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