Question: Attempts Keep the Highest/1 8. Problem 11.13 (NIRR) eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y With the following
Attempts Keep the Highest/1 8. Problem 11.13 (NIRR) eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y With the following cash flows: 0 4 Project X -$1,000 $110 $280 $370 $700 Project -$1,000 $1,100 $110 $50 $50 The projects are equally risky, and their WACC IS 11%. 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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