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Find what is internal rate of return of the project

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Question 1: Zion Manufacturing Co. is considering a new inventory system that will cost $650,000. The system is expected to generate -$75,000 (negative) in year one, $415,000 in year two, $510,000 in year three, and $150,000 in year four. Zion's required rate of return is 10%. What is IRR (Internal Rate of Return) of this project?

Reference no: EM132499811

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