Question: 5. Problem 11.12 (IRR and NPV) ebook Problem Walk Through A company is analyzing two mutually exclusive projects, and with the following cash flows 2

 5. Problem 11.12 (IRR and NPV) ebook Problem Walk Through A

5. Problem 11.12 (IRR and NPV) ebook Problem Walk Through A company is analyzing two mutually exclusive projects, and with the following cash flows 2 a Projects -$1,000 $907.58 $240 35 35 Project -$1,000 15 $260 $400 $790.04 The company's WACC 8.5%. What is their 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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