Question: A company is analyzing two mutually exclusive projects, 5 and L, with the following cash flows: The company's WACC is 10.0%. What is the IRR

 A company is analyzing two mutually exclusive projects, 5 and L,

A company is analyzing two mutually exclusive projects, 5 and L, with the following cash flows: 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

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