Thank you! (Will rate, of course) You work for an outdoor play structure manufacturing...
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Thank you! (Will rate, of course)
You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Year-End Cash Flows (S thousands) Project Playhouse (minor project) Fort (major poject) 18 38 19 1 IRR 26.8% 9.7% -26 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.)
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