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How do I solve this problem? A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2

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How do I solve this problem?

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $879.44 $260 $10 $15 Project L -$1,000 $10 $250 $380 $804.57 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 your answer to two decimal places. %

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