Question: Attempts Keep the Highest / 1 4. Problem 11.13 (MIRR) eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y, with

 Attempts Keep the Highest / 1 4. Problem 11.13 (MIRR) eBook

Attempts Keep the Highest / 1 4. Problem 11.13 (MIRR) eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 2 W Project X -$1,000 $100 $280 $370 $650 Project Y -$1,000 $900 $90 $55 $45 The projects are equally risky, and their WACC is 9%. 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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