A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 1 0 2 3 4 Projects -$1,000 $876.76 $250 $10 $10 Project -$1,000 $0 $260 $400 $766.82 The company's WACC is 10.5%. 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. % A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 4 0 1 3 2 Project X -$1,000 $100 $280 $430 $700 Project $1,000 $1,000 $110 $55 $55 The projects are equally risky, and their WACC is 9%. What is the MIRR of the project that maximizes shareholder value? Do not round Intermediate calculations. Round your answer to two decimal places