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Will leave a like, thanks! 6 A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2

Will leave a like, thanks! 6
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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 $10 Projects -$1,000 $881.06 $250 $15 $10 Project -$1,000 $250 $420 $765.38 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. %

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