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 11 percent. What is the IRR of the better project?

Q2. A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below: Years 2 3 + 1 + 900 + 1 S -1, 100 350 50 10 L -1, 100 300 500 850 The company's required rate of return is 11 percent. What is the IRR of the better project? (4 points)