Question: Please show steps 0 1 2 You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects:

 Please show steps 0 1 2 You work for an outdoor

Please show steps

0 1 2 You work for an outdoor play structure manufacturing company and are trying to decide between the following two projects: Year-End Cash Flows ($ thousands) Project IRR Playhouse (minor project) 15 20 10.4% Fort (major poject) -80 39 52 8.6% You can undertake only one project. If your cost of capital is 8%, use the incremental IRR rule to make the correct decision. - 30 The incremental IRR is %. (Round to two decimal places.)

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