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Green Inc. is considering Projects S and L. However company has lost investment information for Project L. Payback period for both projects are the

 

Green Inc. is considering Projects S and L. However company has lost investment information for Project L. Payback period for both projects are the same. The cash flows for both the projects are shown below. What is the IRR of the project with higher NPV? WACC: 9.0% 0 2 3 4 CFS -$2,310 $720 $770 $820 $870 CFL -SX. $870 $820 $770 $720

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