Question: Your company is considering two mutually exclusive projects. X and Y whose costs and cash flows are shown below: Year X -$2.000 200 600 Y

 Your company is considering two mutually exclusive projects. X and Y

Your company is considering two mutually exclusive projects. X and Y whose costs and cash flows are shown below: Year X -$2.000 200 600 Y -$2,000 2.000 1 200 800 100 2.400 The projects are equally risky, and the firm's required rate of return is 12 percent. You must make a recommendation, and you must base it on the modified IRR What is the MIRR of the best project

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