A company is analyzing two mutually exclusive projects,S and L,whose cash flows are shown below: 
The company's required rate of return is 12 percent.What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR. )
Definitions:
Quid Pro Quo
A Latin term meaning "something for something," referring to a mutual exchange where one thing is provided in return for another.
Hostile Work Environment
A workplace situation where an employee feels uncomfortable or unsafe due to discriminatory behavior or harassment.
Sexual Harassment
Unwanted sexual advances, requests for sexual favors, or other verbal or physical harassment of a sexual nature, often occurring in the workplace.
Title VII
Title VII is a federal law that prohibits employment discrimination based on race, color, religion, sex, and national origin.
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