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A firm is considering two mutually exclusive projects, x and Y , with the following cash flows: 0 1 2 3 4 Project x -

A firm is considering two mutually exclusive projects, x and Y, with the following cash flows:
01234
Project x-$1,000 $100 $320 $370 $700
Project Y%-$1,000 $900 $100 $55 $45
The Projects are equally risky, and their WACC is 13%. 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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