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D eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 2 3 4 $5

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D eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 2 3 4 $5 $759.92 $260 $400 Projects -$1,000 $883.66 $250 $10 Project L -$1,000 $5 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. Grade It Now Save & Continue Continue without saving

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