Problem 11.12 (IRR and NPV) Question 17 of 20 ) 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 4 Projects -$1,000 $884.77 $250 $15 $10 Project L -$1,000 $5 $260 $400 $825.04 The company's WACC is 10.0%. 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. % Problem 11.20 (NPV) Question 20 of 20 Check My Work (3 remaining) eBook A project has annual cash flows of $8,000 for the next 10 years and then $8,000 each year for the following 10 years. The IRR of this 20-year project is 10.25%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent. $