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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