Question: For the following two projects, which statement is correct. Year 0 1 2 Playhouse -9 23 10 Fort -36 32 33 Group of answer choices

For the following two projects, which statement is correct.

Year 0 1 2
Playhouse -9 23 10
Fort -36 32 33

Group of answer choices

choose Fort when the cost of capital is 11%

choose Playhouse because its IRR is higher

choose Fort because its IRR is higher

choose Fort when the cost of capital is 8%

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