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Problem 10-08 NPVs, IRRs, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system,

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Problem 10-08 NPVs, IRRs, and MIRRs for Independent Projects Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck is $18,000 and that for the pulley system is $22,000. Ihe firm's cost of capital is 14%. After-tax cash flows, including depreciation, are as follows: Pulley Truck $5,100 $7,500 5,100 7,500 5,100 7,500 5,100 7,500 5,100 7,500 a. Calculate the IRR for each project. Round your answers to two decimal places. Truck: What is the correct accept/reject decision for this project? -select- Pulley: What is the correct accept/reject decision for this project? b. Calculate the NPV for each project. Round your answers to the nearest dollar, if necessary. Enter each answer as a whole number. For example, do not enter 1,000,000 as 1 million Truck:$ What is the correct accept/reject decision for this project? Select Pulley:$ What is the correct accept/reject decision for this project? Select c. Calculate the MIRR for each project. Round your answers to two decimal places. Truck: What is the correct accept/reject decision for this project? -Select-r Pulky What is the correct accept/reject decision for this project? Select

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