Question: A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 01234 Project S-$1,000$883.08$240$15$15 Project L-$1,000$0$250$400$822.68 The company's WACC is
Breathin eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 2 4 Projects -$1,000 $883.08 $240 $15 $15 Project L -$1,000 $0 $250 $400 $822.68 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. Check My Work (3 remaining) 0 Icon Key . 26 BON A = MacBook Air
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