gnment: Brigham Chapter 11 End-of-Chapter Problems Assi Save Submit Ass Check My Wo eBook Problem Walk-Through Problem 11-12 IRR and NPV A company is analyzing two mutualy exclusive projects, S and L, with the following cash flows Project s $1,000 $894.46 $240 $10 $15 Project L $1,000 $5 $240 $380 $812.00 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 0 O Type here to search