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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

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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 9%. What is the MIRR of the project that maximizes shareholder value? Do not round intermediate calch Round your answer to two decimal places. %

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