Attempts o Keep the Highest 0/0.5 7. Problem 11.12 (IRR and NPV) eBook Problem Walk-Through A company is analyzing two mutuolly exclusive projects, S and L, with the following cash flows: 0 2 3 Projects -$1,000 $875.26 $260 $15 $10 Project -$1,000 $5 $260 $420 5816.67 The company's WACC is 10.0%. 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 % Grade it Now Save & Continue Continue without saving