Question: A company is analyzing two mutually exclusive projects, Sand with the following cash flows: 0 1 2 4 Projects $1,000 $896.92 $240 $10 $15 Project

 A company is analyzing two mutually exclusive projects, Sand with the

A company is analyzing two mutually exclusive projects, Sand with the following cash flows: 0 1 2 4 Projects $1,000 $896.92 $240 $10 $15 Project -$1,000 35 $250 $400 $759.21 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 decimal places

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