Question: DIY construction co is considering a new inventory system that will cost $ 7 5 0 , 0 0 0 . the system is expected

DIY 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 fourdays required rate of return is 9%. what is the modified internal rate of return of this project?

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