Just need these two questions answered please. Thanks in advance.

Project L costs $45,000, its expected cash inflows are $9,000 per year for 10 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places.

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows:

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Project S	-$1,000	$881.63	$240	$15	$5
Project L	-$1,000	$10	$240	$400	$764.69

The company's WACC is 9.5%. 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.