Question: A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project 4 Project 1 The company's WACC is 9.0%.

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

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: Project 4 Project 1 The company's WACC is 9.0%. What is the 1RR of the better project? (Hint: The better project may or may not be the cne with the Higher iR2.) Round your answer to twe decime plactis

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