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Your firm is contemplating the purchase of a new $ 5 7 0 , 0 0 0 computer - based order entry system. The system
Your firm is contemplating the purchase of a new $ computerbased order entry system. The system will be depreciated straightline to zero over its fiveyear life. It will be worth $ at the end of that time. You will save $ before taxes per year in order processing costs, and you will be able to reduce working capital by $this is a onetime reduction If the tax rate is percent, what is the IRR for this project? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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