IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 Project S $1,000 $895.75 $240 $5 $5 Project L-$1,000 $5 $260 $380 $787.18 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