Considering a new inventory system

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DIY Construction Co is considering a new inventory system that will cost $750000. The system is expected to generate positive cash flows over the next four years in the amounts of $350000 in year one, $325000 in year two, $150000 in year three, and $180000 in year four. DYI's required rate of return is 8%. What is the internal rate of return of this project? a. 11.57 b. 13.68 c. 15.13 d. 10.87

Reference no: EM13274483

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