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thx A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 2 3 4 Project X $1,000

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thx

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 2 3 4 Project X $1,000 $110 $280 $400 $650 Project Y $1,000 $900 $110 $55 $55 The projects are equally risky, and their WACC is 8%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places. Do not round your intermediate calculations. %

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