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please show solutions 11-13 MIRRA firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 4 1 + $110
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11-13 MIRRA firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 4 1 + $110 $1,100 - $1,000 -$1,000 2 + $300 $90 3 + $430 $55 Project X Project Y $700 $50 2019 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. WCN 02-200-203 ning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). ny suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Chapter 11 The Basics of Capital Budgeting The projects are equally risky, and their WACC is 11%. What is the MIRR of the project that maximizes shareholder valueStep by Step Solution
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