Attempts: Keep the Highest: 11 9. Problem 11.13 Click here to read the eBook: Modified Internal Rate of Return (MIRR) Problem Walk-Through MIRR A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 1 2 3 Project X -$1,000 $100 $280 $370 $700 Project Y -$1,000 $900 $90 $55 $55 The projects are equally risky, and their WACC is 13%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations. %