Attempts 4. Problem 11.12 (IRR and NPV) eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, 5 and L, with the following cash flows: Project S Project L Keep the Highest/1 -$1,000 $883.88 -$1,000 $10 2 3 4 $240 $5 $240 $400 $10 $816.46 The company's WACC is 9.0%. What is the IRR of the better project? (Hint: The better project may or may places. Grade it Now Save & Continue Continue without saving the higher IRR) Round your answer to two decimal