Check My Work (2 remaining) eBook B Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 S5 $5 Project S -$1,000 $891.76 $240 Project L -$1,000 $10 $260 $400 $775.24 The company's WACC is 9.5%. 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 two decimal places. % Check My Work (2 remaining) 0-Icon Key