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company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Proje Proje The company's WACC is 8.5%. What is the

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company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Proje Proje The company's WACC is 8.5%. 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

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