Your firm is contemplating the purchase of a new $415,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5-year life. It will be worth $42,000 at the end of that time. You will save $141,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $39,000 at the beginning of the project. Working capital will revert back to normal at the end of the project. If the tax rate is 24 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. IRR %

Your firm is contemplating the purchase of a new $415,000 computer-based order entry system. The system wil be depreciated stralght-line to zero over its 5 -year life. It will be worth $42,000 ot the end of that time. You will save $141,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $39,000 ot the beginning of the project Working capital will revert back to normal at the end of the project. If the tax rate is 24 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Your firm is contemplating the purchase of a new $415,000 computer-bosed order entry system. The system will be depreciated straight-ine to zero over its 5-year life. It will be worth $42,000 at the end of that time You will save $141,000 before taxes peryear throrder processing costs, and you wil be able to reduce working capital by $39,000 at the beginning of the project. Working capital will revert back to normal at the end of the project if the tax rate is 24 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimat places, e.g., 3216. Your firm is contemplating the purchase of a new $415,000 computer-based order entry system. The system wil be depreciated stralght-line to zero over its 5 -year life. It will be worth $42,000 ot the end of that time. You will save $141,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $39,000 ot the beginning of the project Working capital will revert back to normal at the end of the project. If the tax rate is 24 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Your firm is contemplating the purchase of a new $415,000 computer-bosed order entry system. The system will be depreciated straight-ine to zero over its 5-year life. It will be worth $42,000 at the end of that time You will save $141,000 before taxes peryear throrder processing costs, and you wil be able to reduce working capital by $39,000 at the beginning of the project. Working capital will revert back to normal at the end of the project if the tax rate is 24 percent, what is the IRR for this project? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimat places, e.g., 3216