Question: Please use a ti 84 calculator with the finance function! A company is analyzing two mutually exclusive projects, S and L, with the following cash

Please use a ti 84 calculator with the finance function!

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects - $1,000 $896.30 $240 $15 $ 5 Project L - $1,000 $10 $240 $420 $746.98 The company's WACC is 10.5%. 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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