Question: Save Answe DYI Construction Co. is considering a new inventory system that will cost $750,000. The system is expected to generate positive cash flows over

Save Answe DYI Construction Co. is considering a new inventory system

Save Answe 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 four years in the amounts of $350,000 in year one, 5325,000 in year two, S150,000 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? 10.87% 11.57% O 14.35% 12.07%

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