MIRR and NPV

Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below:

Year X Y

0 -$5,000 -$5,000

1 1000 4,500

2 1500 1500

3 2000 1000

4 4000 500

The projects are equally risky, and their cost of capital is 12%. You must make a recommendation, and you must base it on the modified IRR (MIRR). Calculate the two projects' MIRRs. Round your answers to two decimal places.

Project X _________%

Project Y _________%

please show work