CSIS340 Fil X CSIS340 Fil X M Connect Si X im Net Presen X V First-Timer X Question 1 X G present val X [Solved] O X ? OptiLux is X + X C A https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flearn.liberty.edu%252Fwebapps%252F... LC * Update : Apps G Gmail YouTube Maps VitalSource Booksh... QuickBooks_CUser_... Glossary Lu Search Results | Jerr.. Lu Topic: Study Tips: W... OV First-Timer's Guide.. Si Reading list Homework: Capital Budgeting Assignment i Saved Help Save & Exit Submit Check my work 10 OptiLux is considering investing in an automated manufacturing system. The system requires an initial investment of $7.0 million, has a 20-year life, and will have zero salvage value. If the system is implemented, the company will save $860,000 per year in direct labor costs. The company requires a 10% return from its investments. (PV of $1, FV of $1, PVA of $1, and EVA of $1) (Use appropriate factor(s) 2 from the tables provided.) points a. Compute the proposed investment's net present value. Skipped b. Using the answer from part a, is the investment's internal rate of return higher or lower than 10%? Hint: It is not necessary to compute IRR to answer this question. eBook Complete this question by entering your answers in the tabs below. Print References Required A Required B Compute the proposed investment's net present value. Net present value Required A Required B > Mc Graw Type here to search W O T G 38OF 10:55 PM 3/3/2022 19