A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 % 1 2 3 4 -$1,000 $300
Posted: Fri Jul 01, 2022 7:50 am
A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 % 1 2 3 4 -$1,000 $300 $370 $750 Project X Project Y $100 -$1,000 $1,100 $110 $55 $45 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.