A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: a 2 3 Projects -$1,000 $878.72 5260 $10 $10 Project $1,000 $10 $250 $420 5782.85 The company's WACC $ 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