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make sure the answer is correct 100% A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 2 3

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make sure the answer is correct 100%

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 2 3 Projects --$1,000 5870 $250 $25 $25 Project L -$1,000 50 $250 5400 $845 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.)

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