17. A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 4 Project S Project L 2 % 3 $882.07 $250 $10 $5 -$1,000 -$1,000 $5 $250 $420 $824.67 The company's WACC is 9.5%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Round your answer to two decimal places.

company is analyzing two mutually exclusive projects, S and L, with the following cash flows: The company's WACC is 9.5\%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher lRR.) Round your answer o two decimal places