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Problem 1 1 . 1 3 ( MIRR ) eBook Problem Walk - Through A firm is considering two mutually exclusive projects, x and Y

Problem 11.13(MIRR)
eBook
Problem Walk-Through
A firm is considering two mutually exclusive projects, x and Y, with the following cash flows:
The projects are equally risky, and their WACC is 10%. 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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