Save Submit Test for Grac Problem 11.12 (IRR and NPV) Question 29 of B 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 4 Projects -$1,000 $872.46 $260 $10 $15 Project L -$1,000 $10 $250 $400 $831.53 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. % or Icon key 000 4 F7 TB FO 110 0 A % 5 6 * 00 7 9 0 T Y O H. K L