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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