Question
9- MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 01234 Project X -$1,000, $90, $300, $370,
9- MIRR
A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:
01234
Project X-$1,000, $90, $300, $370, $650
Project Y-$1,000, $1,000, $110, $45, $45
The projects are equally risky, and their WACC is 11%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations.
%
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Intellectual Property Law
Authors: Tina Hart, Simon Clark, Linda Fazzani
6th Edition
0230366538, 978-0230366534
