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Fireside Golf Course is in desperate need of a new sprinkler system. It currently is considering two mutually exclusive systems to help in the irrigation

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Fireside Golf Course is in desperate need of a new sprinkler system. It currently is considering two mutually exclusive systems to help in the irrigation of the course and it hopes to maximize wealth in all its capital budgeting decisions. System Initial Cost S125,000 OCF in Year 1838.000 OCF in Year 42.000 OCF in Year 541.000 OCF in Year 4548.000 Assume this firm uses a required return of 9.2% for all capital budgeting decisions. A) Determine the NPV, IRR, MIRR, and draw the profile for Sprinkler System 1 (show your work!): NPV IRR Pred: MIRR B) Sprinkler System 2 has an NPV of $11,500 and an IRR of 11.1%. Identify which system Fireside should choose to be consistent with the goal of the business and explain your

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