A firm is considering two mutually exclusive projects, X and Y , with the following cash flows:
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Question:
A firm is considering two mutually exclusive projects, X and Y with the following cash flows:
Project X $ $ $ $ $
Project Y $ $ $ $ $
The projects are equally risky, and their WACC is What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calculations. Round your answer to two decimal places.
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