Question: 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

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

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 $90.93 $250 $10 $10 Project $1,000 55 $260 $420 776.36 The company's WACC IS 100% 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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