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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $886.08 $240

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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $886.08 $240 $5 $10 . Project L - $1,000 $0 $250 $420 $743.85 The company's WACC is 9.5%. What is the IRR of the better project? (Hint: The better project may or may not be the on places

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