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

A firm is considering two mutually exclusive projects, x and Y, with the following cash flows:
Project x
Project Y
The projects are equally risky, and their WACC is 8%. What is the MIRR of the project that maximizes shareholder value? Do not round intermediate
calculations. Round your answer to two decimal places.
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