Question: For the following two projects, which statement is correct. Year 0 1 2 Playhouse -30 16 23 Fort -80 45 48 Group of answer choices
For the following two projects, which statement is correct.
| Year | 0 | 1 | 2 |
| Playhouse | -30 | 16 | 23 |
| Fort | -80 | 45 | 48 |
Group of answer choices
choose Fort when the cost of capital is 4%
choose Fort because its IRR is higher
choose Fort when the cost of capital is 6%
choose Playhouse because its IRR is higher
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