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请教一道题

请教:Project Evaluation

Your firm is contemplating the purchase of a new $925,000 computer-based order entry system. The system will be depreciated straight-line to zero over the project's five-year life, It will be worth $90,000 at the end of that time. You will save $360,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $125,000 (this is a one-time reduction). If the tax rate is 35%, what is the IRR for this project?

谢谢各位高手

答案是23.85%

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