A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below: The company's required rate of return is 12 percent. What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR.) a. 12.00% b. 12.53% c. 13.09% d. 17.46% e. 13.88% A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below: The company's required rate of return is 12 percent. What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR.) a. 12.00% b. 12.53% c. 13.09% d. 17.46% e. 13.88%

Please close as this is a duplicate.