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Attempts Keep the Highest / 1 19. Problem 11.12 (IRR and NPV) eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 1 2 4 0 3 Projects -$1,000 $881.55 $240 $10 $10 Project L -$1,000 $0 $260 $420 $777.90 The company's WACC is 8.0%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Roun your answer to two decimal places. Grade It Now Save & Continue Continue without saving