8. Problem 11.13 Click here to read the eBook: Modified Internal Rate of Return (MIRR) Problem Walk-Through MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 2 3 4 Project X -$1,000 $110 $320 $430 $700 Project Y -$1,000 $1,100 $110 $50 $55 The projects are equally risky, and their WACC is 8%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations. Grade it Now Save & Continue Continue without saving