Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below: Year Project X Project Y -5,000 -5,000 2,000 4,500 1,500 1,500 2,000 1,000 4,000 500 WN-OF The cost of capital is 12%. What is the MIRR of Project Y? 21.60% 18.39% 17.49% 13.35% 10.12% QUESTION 13 MIRR is often preferred over just using IRR to compare rate of return estimates in projects. Which of the following is true regarding MIRR? All of these choices are correct. It is the discount rate causing the terminal value of outflows to equal the present value of Inflows. MIRR assumes reinvestment at WACC. MIRR is always superior to NPV. Terminal value is found by compounding inflows at the internal rate of return