Question: Questo 17 01 20 Check My Work (3 remaining) EB eBook H Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L,

Questo 17 01 20 Check My Work (3 remaining) EB eBook H Problem Walk-Through A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Projects -$1,000 $895.62 $240 $15 $10 Project L -$1,000 $0 $260 $420 $822.45 The company's WACC is 10.0%. 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) O=Icon Key
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