DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over the next four X years in the amounts of $350,000 in year one, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYI's required rate of return is .08. What is the internal rate of return of this project? Response Feedback: IRR is when NPV is set equal to 0 and we solve for the interest rate. Using excel or the financial calculator is advised