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A company is analyzing two mutually exclusive projects, 5 and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $878.32 $260

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A company is analyzing two mutually exclusive projects, 5 and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $878.32 $260 $10 $15 Project $1,000 $5 $260 $400 $758.57 The company's WACC is 90% What is the tre 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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