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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

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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). Calculate the two projects' MIRRs. Do not round intermediate calculations. Round your answers to two decimal places. Project X: % Project Y: % Which project has the higher MIRR? has the higher MIRR

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