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I could use some assistance A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: NJ 4 Project S

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I could use some assistance

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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: NJ 4 Project S -$1,000 $887.55 $240 $15 $15 Project L -$1,000 $10 $260 $380 $830.07 The company's WACC is 10.5%. 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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