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:
Generational Cohorts
Groups of people born in the same period who share similar cultural experiences, attitudes, and values.
Purchase Behaviors
The study of how and why consumers make buying decisions, including the factors that influence these decisions.
Shared Experiences
Events or activities experienced together by people, leading to communal bonding or understanding.
Generation Y
Also known as Millennials, this term refers to the demographic cohort following Generation X, generally born between the early 1980s and the mid-1990s to early 2000s.
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