Search this course ter 11 Homework Assignment: Chapter 11 Homework Assignment Score: 33.33% Save Submit Assignment for Grading Questions Problem 11.13 (MIRR) Question 9 of 9 Check My Work eBook 11 Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 1 2 3 4 0 Project X -$1,000 $110 $300 $370 $650 Project Y -$1,000 $1,100 $110 $55 $45 The projects are equally risky, and their WACC is 9%. What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calculations. Round your answer to two decimal places. %