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ABC Co. is considering a new inventory system that will cost $IOM. 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 $IOM. 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? A) 9%; $453,120 OB) 11%; $512,653 C) 13%; $576,463 D) 14%; $636,671

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