Lasik Vision Inc. is considering Projects A and B, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. (HINT: NPV makes theoretically correct capital budgeting decisions.) WACC: CFA CF O 9.75% 7.75% 11.04% 9.69% 10.71% 0 -$1,100 -$2,700 What is the IRR of the better project? 12.24% $550 $650 2 3 $600 $100 $725 $800 $100 $1,400