Question: help (4) 4. Problem 11.13 (MIRR) eBook Problem Walk Through A firm is considering two mutually exclusive projects, X and Y, with the following cash
4. Problem 11.13 (MIRR) eBook Problem Walk Through A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 2 3 4 Project X - $1,000 $110 $280 $370 $700 Project Y -$1,000 $900 $110 $45 $50 The projects are equally risky, and their WACC is 12%. What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calculations Round your answer to two decimal places 96
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