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ycow [4]
3 years ago
8

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, $325,000 in year two, $150,000 in year three, and $180,000 in year four. DYI's required rate of return is 8%.
Required:
What is the modified internal rate of return of this project?
Business
1 answer:
shutvik [7]3 years ago
5 0
The modefied internal rate of return is 35747 of the project
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