Question: A firm is considering two mutually exclusive projects, X and Y With the following cash flows: 0 1 2 Project X $1,000 $100 $300 $370

 A firm is considering two mutually exclusive projects, X and Y

A firm is considering two mutually exclusive projects, X and Y With the following cash flows: 0 1 2 Project X $1,000 $100 $300 $370 $650 Project Y $1,000 $900 $100 $55 The projects are equally risky, and their WACC is 10%. 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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