Question: MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: Project X Project Y -$1,000 $110 -$1,000 $1,000

MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: Project X Project Y -$1,000 $110 -$1,000 $1,000 $300 $90 $370 $50 $700 $45 The projects are equally risky, and their WACC is 9%. 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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