A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects - $1,000 $884.81 $260 $10 $5 Project L -$1,000 $0 $260 $380 $786.80 The company's WACC is 9.0%. 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. A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 2 3 4 Project X -$1,000 $90 $300 $370 $700 Project Y -$1,000 $1,100 $110 $50 $50 The projects are equally risky, and their WACC is 11%. What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calculations. Round your answer to two decimal places. %