Question: Problem Walk - Through A company is analyzing two mutually exclusive projects, S and L , with the following cash flows: The company's WACC is

Problem Walk-Through
A company is analyzing two mutually exclusive projects, S and L, with
the following cash flows:
The company's WACC is 9.0%. 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.
%
 Problem Walk-Through A company is analyzing two mutually exclusive projects, S

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