Attempts: Keep the Highest: / 1 4. Problem 11.12 (IRR and NPV) CE ebook Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L., with the following cash flows: 0 1 2 3 4 + Projects -$1,000 $875.17 $260 $5 $5 Project L - $1,000 $10 $250 $380 $786.31 The company's WACC is 9.0%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Round 9 Grade it Now Save & Continue Continue without saving