19. Problem 11.12 (IRR and NPV) eBook Problem Walk- A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 + + Project -$1,000$874.27$260 $15 $10 S Project-$1,000 $10 $240$400$773.27 L The company's WACC is 8.5%. 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. % Grade it Now Save & Continue Continue without saving