omework ment: Module 5 Homework Assignment Score: 35.00% Save Submit Assignment for Grading Problem 11.12 e Question 17 of 20 Check My Work (3 remaining) O Click here to read the eBook: Net Present Value (NPV) Click here to read the eBook: Internal Rate of Return (IRR) Problem Walk-Through IRR AND NPV A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 Project s $1,000 $890.14 $250 $10 $5 Project L -$1,000 $5 $250 $420 $768.70 The company's WACC is 8.0%. 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. Check My Work (3 remaining) 0--lcon Key