11. WorldWide Pants Inc. has been in business four years. Over those four years, the market has seen annual returns of 19%, -3%, 20%, and 16%. Over the same time frame, Treasuries average a 6.0% return. WorldWide finances only with equity from retained earnings; has a Beta of 1.31, and it uses the CAPM to estimate its cost of capital. WorldWide is considering two alternative trucks. Truck S has a cost of $12,000 and is expected to produce cash flows of $4,500 per year for four years. Truck L has a cost of $20,000 and is expected to produce cash flows of $7,500 per year for 4 years. What is the differential in value generated between the two truck projects. What is the MIRR of the better truck?