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Check my work 5 Your firm is contemplating the purchase of a new $1,344,000 computer-based order entry system. The system will be depreciated straight-line to

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Check my work 5 Your firm is contemplating the purchase of a new $1,344,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $120,000 at the end of that time. You will save $528,000 before taxes per year in order processing costs and you will be able to reduce working capital by $177,994 (this is a one-time reduction). 10 points 03:33:14 Required If the tax rate is 30 percent, what is the IRR for this project? (Do not round your intermediate calculations.) eBook Print Multiple Choice References 26.88% 25.60% 24.58% 18.01% 24.41%

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