Question: A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 4 Project X $1,000 $90 $320 $370 $700

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 4 Project X $1,000 $90 $320 $370 $700 Project Y$1,000 $900 $100 $50 $55 The projects are equally risky, and their WACC is 12%, what is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations
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