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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

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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 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. Dyl's required rate of return (or cost of capital) is 8%. What is the internal rate of return (IRR) of this project? (refer to the previous question) 6.45% 11.57% 7.5694 15.13%6

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