Question: Please zoom in with control + i couldnt fix the zoom 4. Problem 11.12 (IRR and NPV) eBook Problem Walk-Through A company is analyzing two
Please zoom in with control + i couldnt fix the zoom
4. Problem 11.12 (IRR and NPV) 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 + Project S -$1,000 $899.74 $240 $5 $ 5 Project L -$1,000 $10 $240 $380 $810.59 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. %
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