Malholtra Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected. 10.00% 0 1 2 3 4. -$975 $300 $320 $340 $360 WACC. Year Cash flows O a. 12.92% O b. 12.5746 O c 11.28% d. 14.4596 e. 11.7596 A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 3 Projects -$1,000 $887.87 $240 $15 $10 Project -$1,000 $5 $260 $380 $814.75 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 vith the higher IRR.) Round your answer to two decimal places. %