What is the mirr of the better project

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Question: Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below:

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The projects are equally risky, and their cost of capital is 12 percent. You must make a recommendation, and you must base it on the modified IRR (MIRR). What is the MIRR of the better project?

Reference no: EM131525066

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