Sove Submit Assignment for Grading tions Problem 11.12 (IRR and NPV) Question 7 of 11 Check My Work (2 remaining) 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 Projects -$1,000 $863.04 $260 $15 $5 Project L -$1,000 $0 $250 $380 $874.63 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. %% Check My Work (2 remaining) 0-Icon Key Problem 11.12 CIRR and NPV) Question 7 of 11 Submit Assignment for Grading Save