Problem 11.12 (IRR and NPV) Question 17 of 2 Check My Work (3 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 Project S - $1,000 $889.82 $240 $5 $5 Project L $1,000 $5 $260 $380 $792.20 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 (3 remaining) 0-Icon Problem 11.12 CR and NPV) Question 17020