IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 1 2 3 4 Project S - $1,000 $879.22 $260 $5 $10 Project L - $1,000 $10 $240 $420 $788.01 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