Question
Project S -$1,000 $894.10 $250 $5 $5 Project L -$1,000 $0 $260 $420 $790.89 The company's WACC is 8.0%. What is the IRR of the
| Project S | -$1,000 | $894.10 | $250 | $5 | $5 |
| Project L | -$1,000 | $0 | $260 | $420 | $790.89 |
The company's WACC is 8.0%. 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.
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Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
14th Edition
1260247821, 978-1260247824
