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MIRR and NPV Your company is considering two mutually exclusive projects, x and Y , whose costs and cash flows are shown below: The projects

MIRR and NPV
Your company is considering two mutually exclusive projects, x and Y, whose costs and cash flows are shown below:
The projects are equally risky, and their cost of capital is 14%. You must make a recommendation, and you must base it on the modified IRR (MIRR). Calculat
the two projects' MIRRs. Do not round intermediate calculations. Round your answers to two decimal places.
Which project has the higher MIRR?
has the higher MIRR.
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