Question: Question 60 Your answer is partially correct. Try again. Pronghorn Inc. now has the following two projects available: Project Initial CF After-tax CF1 After-tax CF2

Question 60 Your answer is partially correct. Try again. Pronghorn Inc. now has the following two projects available: Project Initial CF After-tax CF1 After-tax CF2 After-tax CF3 1 -11,660 5,650 10,300 2 -3,370 4,150 3,550 6,725 Assume that Rp = 5.8%, risk premium = 11.3%, and beta = 1.3. Use the EANPV approach to determine which project(s) Pronghorn Inc. should choose if they are mutually exclusive. (Round cost of capital to 2 decimal places, e.g.17.35% and the final answers to 0 decimal places, e.g. 2,513.) PMT1 3550 PMT2 2529 Project 1 should be chosen
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