IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 4 Project S$1,000 $886.82 $250 $10 $15 Project L$1,000 $5$240 $400 $845.68 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