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5. Problem 11.12 (IRR and NPV) ebook Problem Walk Through A company is analyzing two mutually exclusive projects, and with the following cash flows: 1

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5. Problem 11.12 (IRR and NPV) ebook Problem Walk Through A company is analyzing two mutually exclusive projects, and with the following cash flows: 1 2 3 4 SO Projects -$1,000 $877.41 $260 $15 55 Project -$1,000 $250 $400 $782.85 The company's WACC S 10.0% 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

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