A company is analyzing two mutually exclusive projects, S and L,
with the following cash flows: 0 1 2 3 4 Project S -$1,000 $887.27
$260 $10 $5 Project L -$1,000 $0 $250 $400 $778.74 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. %
A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Project S -$1,
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