Question: 5 points Save Answer DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generato positive cash
5 points Save Answer DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generato 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, DYI's required rate of return is 9%. What is the modified internal rate of return of this project? 0 14 35% O 12.07 O 11.5796 O 10.87%
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