Ch $11-$ End$-$of$-$Chapter Problems $-$ The Basics of Capital Budgeting

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Attempts $0$ Keep the Highest $\frac{0}{1}$

$12.$ Problem $11\mathrm{.}13($MIRR$)$

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A firm is considering two mutually exclusive projects, $x$ and $Y,$ with the following cash flows:

The projects are equally risky, and their WACC is $13\%.$ What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calculations. Round your ans

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