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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project S - $1,000 $877.73 $260 $10 $10 Project

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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project S - $1,000 $877.73 $260 $10 $10 Project L - $1,000 $5 $250 $400 $777.31 The company's WACC is 10.0%, what is the IRR of the better project? ____ %

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