Lasik Vision Inc. is considering Projects A and B, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable. (HINT: NPV makes theoretically correct capital budgeting decisions.) WACC: CFA CF 7.75% 0 -$1,100 -$2,700 $550 $650 2 $600 $725 What is the IRR of the better project? 3 $100 $800 $100 $1,400 What is the IRR of the better project? 9.69% 12.24% 11.04% 9.75% 9.69% O 12.24% 11.04% 9.75% 10.71%