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Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below: you must make a recommendation, and you must base it on the modified IRR,(MIRR) what is the MIRR of the better project
Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown below:

Year X Y
0 (1,0000) (1,000)
1 100 1,000
2 300 100
3 400 50
4 700 50

The projects are equally risky, and their cost of capital is 12% you must make a recommendation, and you must base it on the modified IRR (MIRR). 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:
you must make a recommendation, and you must base it on the modified...