Net Present Value Versus internal Rate of Return For discount factors use Exhibit 1281 and Exhibit 1282. Skiba Company is thinking about two different medifications to its current manufacturing process. The after-tax cash faws associated with the two investments follow: Skiba's cost of capital is 8% Required: 1. Compute the NPN and the IRR. for each investment. Round present value calculations and your fina NPV onswers to the nearest dollac. Round tRR answers to the nearest wheld percent 2. Conceptual Connection: Explain why the project with the laraer NPV is the correct choice for Skibo. NPVis an measure and reveals how much the value of the firm wit change for each projest. IRA ghes a measure of Thus since NDV Skiba Company is thinking about two eifferent mod fications to its current manufacturing process. The afteratax eash flows associated with the two invertments follow: 5 kiba's cost of capital is 8% Required 1. Compute the NPV and the tre for each imvestment. Round present value calculations and your finat NpV answers to the nearest dollac Round thr atsweis to the nearest whole percent 2. Conceptual Cotinection: Explain why the project with the larger NPV is the correct choice for Skiba. NPV is an measure and reveals how much the value of the firm wili change for each project. Inkr gives a measure of. feveals the total weath change atuibutable to each sroject, it is preferred to the tha measure