15. Question 17 of 20 16. Check My Work (2 remaining) 17. O 18 eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 1 2 3 4 19. 20 Projects -$1,000 $880.86 $260 $15 $10 Project L -$1,000 $10 $420 $770.27 The company's WACC is 8.0%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher TRR) Round your answer to two decimal places. $260 Hide Feedback Incorrect Check My Work (2 remaining) Olon Key