In case of two mutually exclusive projects, the project having the higher MIRR should be preferred.

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MIRR (Modified Internal Rate of Return) is a method used to evaluate the profitability of a project. If two projects are mutually exclusive, it means that only one project can be selected. In such a scenario, the project with the higher MIRR should be preferred as it indicates a higher profitability and better return on investment.

In Case of Two Mutually Exclusive Projects, the Project Having