Question: MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 2 3 4 Project X$1,000 $90 $320

 MIRR A firm is considering two mutually exclusive projects, X and

MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 2 3 4 Project X$1,000 $90 $320 $370 $750 Project Y $1,000 $1,100 $110 $50 $45 The projects are equally riskyNnd their WACC is 13.0%, what is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places

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