IRR

Project L costs $48,245.13, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 13%. What is the project's IRR? Round your answer to two decimal places.

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MIRR

Project L costs $45,000, its expected cash inflows are $11,000 per year for 8 years, and its WACC is 13%. What is the project's MIRR? Round your answer to two decimal places. Do not round your intermediate calculations.

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MIRR

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:

0 1 2 3 4 Project X -$1,000 $100 $300 $400 $750 Project Y -$1,000 $1,100 $100 $50 $55

The projects are equally risky, and their WACC is 8%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations.

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