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a company is analyzing two mutually exclusive projects, A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0

a company is analyzing two mutually exclusive projects,
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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 2 3 4 + Projects -$1,000 $897.18 $240 $5 $15 Project -$1,000 $5 $260 $380 $782.63 The company's WACC is 10.5%. 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

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