Attempts: 0 Keep the Highest: 0/3 3. Problem 11.12 Click here to read the eBook: Net Present Value (NPv) Click here to read the eBook: Internal Rate of Return (IRR) Problem Walk-Through IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the following cash flows 0 Project s $1,000 $878.32 $250 $5$10 Project L$1,000 $0$240$420 $756.17 The company's WACC is 10.0%, 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