Graded CH10 Assignment x NWP Assessment Player UI Appli X + - -> C A assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=3355db57-44dd-47ee-aa5f-cob9a89a72a7#/question/21 Apps ) Canvas Graded CH10 Assignment Question 22 of 26 -12 E View Policies Current Attempt in Progress Sandhill Incorporated management is considering investing in two alternative production systems. The systems are mutually exclusive, and the cost of the new equipment and the resulting cash flows are shown in the accompanying table. The firm uses a 9 percent discount rate for production systems. Year System 1 System 2 $12,610 $50,382 12.63 34,370 12,632 34,370 12,632 34.370 Compute the IRR for both production system 1 and production system 2. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g. 15.25%.) IRR of system 1 is % and IRR of system 2 is %. Which has the higher IRR? has higher IRR. Compute the NPV for both production system 1 and production system 2. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g. 15.25.) NPV of system 1 is $ and NPV of system 2 $ Which production system has the higher NPV? has higher NPV. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 50% score reduction after attempt 2