JUeSUULULIU Check My Work eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $890.27 $240 $15 $15 Project L -$1,000 $10 $260 $380 $826.32 The company's WACC is 8.5%. 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. 13 % Hide Feedback Incorrect Check My Work Oleon Key Question 7 of 10 Submit Assignment for Grading Save