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 $889.96 $240 $15 $10 project l -$1,000 $5 $240 $400 $818.37 the company's wacc is 9.0%. 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.