Question: Problem Walk-Through A company is analyzing two mutually exclusive projects, Sand L, with the following cash flows: 0 1 2 Projects $1,000 $900.10 $240 45

 Problem Walk-Through A company is analyzing two mutually exclusive projects, Sand

Problem Walk-Through A company is analyzing two mutually exclusive projects, Sand L, with the following cash flows: 0 1 2 Projects $1,000 $900.10 $240 45 5 Project L $1,000 $0 $260 $400 $788.29 The company's WACC IS . What is the IRR of the better project in 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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