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00 Problem Walk-Through A fem is considering two mutually exclusive projects, X and Y, with the following cash flows: Project X -$1,000 $100 $300 5370

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00 Problem Walk-Through A fem is considering two mutually exclusive projects, X and Y, with the following cash flows: Project X -$1,000 $100 $300 5370 $700 Project -$1,000 $1,000 $100 545 The projects are equally raky, and their wacc is 10%. What is the MERR of the project that maximizes shareholder value? De not round Intermediate calculations. Round your answer to two decimal places

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