MIRR 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 $100 $280 $400 $750 Project Y $1,000 $1,000 $100 $45 $50 The projects are equally risky, and their WACC is 9 0 What is the MIRR of the project that maximizes shareholder value Round your answer to two decimal places Do not round your intermediate calculations

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Question: MIRR 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

MIRR

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:

Project X	-$1,000	$100	$280	$400	$750
Project Y	-$1,000	$1,000	$100	$45	$50

The projects are equally risky, and their WACC is 9.0%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations.

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