Question: I only need the wrong one corrected MIRR and NPV Your company is considering two mutually exclusive projects, X and Y, whose costs and cash

I only need the wrong one corrected

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 4,000 500 The projects are equally risky, and their cost of capital is 11%. You must make a recommendation, and you must base it on the modified IRR (MIRR). Calculate the two projects' MIRRs. Do not round intermediate calculations. Round your answers to two decimal places. 4 Project X: 17.49 % % Project Y: 18.39 Which project has the higher MIRR? Project Y has the higher MIRR

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