Question: eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, Sand, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $897.58

 eBook Problem Walk-Through A company is analyzing two mutually exclusive projects,

eBook Problem Walk-Through A company is analyzing two mutually exclusive projects, Sand, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $897.58 $240 $10 $5 Project -$1,000 $5 $240 $400 $821,64 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 %

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