Question: firm is considering two mutually exclusive projects, and with the following cash flows: 0 2 3 $650 Project X -$1,000 $100 $300 $430 Project Y

 firm is considering two mutually exclusive projects, and with the following

firm is considering two mutually exclusive projects, and with the following cash flows: 0 2 3 $650 Project X -$1,000 $100 $300 $430 Project Y -$1,000 $900 $100 $50 $55 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. Hound your answer to two decimal places

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