Question: 11. 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

 11. DYI Construction Co. is considering a new inventory system thatwill cost $750,000. The system is expected to generate positive cash flowsover the next 5 years in the amounts of $325,000 in year

11. 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 5 years in the amounts of $325,000 in year one, $325,000 in year two, $150,000 in year three, $150,000 in year four, and 50,000 in year five. DYI's required rate of return is 8%. What is the internal rate of return of this project? A) 12.87% B) 13.59% C) 14.09% D) 15.14%

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