A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: The company's WACC is 10.5%. What is the IRR of the better proiect? (Hint: The better The company's WACC is 10.5%. 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