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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project Projec The company' WACC is 9.5%. What is

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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project Projec The company' WACC is 9.5%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IAR.) Aound your answer to two decimal places

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