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A firm is considering two mutually exclusive projects, x and x, with the following cash flows: The projects are equally risky, and their WACC is

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A firm is considering two mutually exclusive projects, x and x, with the following cash flows: The projects are equally risky, and their WACC is 9%. What is the MiRR of the project that maximies shareholder value? Do not round intermediate calculations. Round your answe to two decimal places

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