Question: B eBook Problem Walk-Through Afirm is considering two mutually exclusive projects, X and Y with the following cash flows: 0 1 2 3 Project X

 B eBook Problem Walk-Through Afirm is considering two mutually exclusive projects,

B eBook Problem Walk-Through Afirm is considering two mutually exclusive projects, X and Y with the following cash flows: 0 1 2 3 Project X -$1,000 $100 $300 $400 $750 Project Y -$1,000 $1,000 590 $45 The projects are equally risky, and their WACC IS 9%. What is the MIRR of the project that maximizes shareholder value? Do not found intermediate calculations. Round your answer to two decimal places

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