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Homework Assignments Save Submit Assignment Problem 11.13 (MIRR) Questio Check M B eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and

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Homework Assignments Save Submit Assignment Problem 11.13 (MIRR) Questio Check M B eBook Problem Walk-Through A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 3 4 Project X -$1,000 $110 $300 $370 $700 Project Y -$1,000 $1,000 $100 $45 $45 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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