A firm is considering two mutually exclusive projects, X and Y, with the following cash flows; the projects are equally risky, and their WACC is 8%. What is the MIRR of the project that maximizes shareholder value?

t =	0	1	2	3	4
Project X	-1,000	100	300	500	700
Project Y	-1,000	900	200	200	100

Group of answer choices

16.62%

14.45%

24.26%

15.54%

13.90&