ons Problem 11.12 (IRR and NPV) + Question 6 of 9 Check My Work (5 remaining) 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 $883.03 $250 $5 $5 Project L -$1,000 $10 $260 $420 $732.12 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. % Check My Work (s remaining)