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 $888.57 $260 $5 $10 project l -$1,000 $5 $250 $380 $806.93 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. %
