A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 % 1 2 + Project S -$1,
Posted: Fri Jul 01, 2022 7:50 am
company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 % 1 2 + Project S -$1,000 $877.95 $260 $10 $15 Project L -$1,000 $0 $260 $420 $763.19 The company's WACC is 10.5%. 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. 3 4
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