e Umework X Save Subm Assignment for Grading Questions Problem 12-11 MIRR and NPV) 1. Question 1 of 1 A-2 2. Check My Work Oo oo 3. B 4. 5. 6. 72 o 8. 9. eBook Problem walk-through MIRR and NPV Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below! Year X Y 0 -$5,000 -$5,000 1 1,000 4,500 2 1,500 1,500 3 2.000 1.000 4 4,000 500 The projects are equally risky, and their cost of capital is 11%. You must make a recommendation, and you must hase it on the modified TRR (MR). Calculate the two projects' MIRRs. Do not round intermediate calculations. Round your answers to two decimal places ProjectX: % Project Y: Which project has the higher MIRR? -Select- has the higher MIRR. 10 1. OOOOOO 12. 13 14. Check My Work Oly