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ABC Co. is considering a new inventory system that will cost $10M. The system is expected to generate positive cash flows over the next four

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ABC Co. is considering a new inventory system that will cost $10M. The system is expected to generate positive cash flows over the next four years in the amounts of $5M, $3M, $2M, and $3M. The firm's required rate of return is 10%. What is the internal rate of return (IRR) and the net present value (NPV) of this project? 13%, $453,120 13%, $576,463 12%, $512,653 12%, $636,671

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