Self-Study Problem 10.04 The Management of Wildhorse Manufacturing Company is evaluating two forklift systems to use in its plant that produces the towers for a windmill power farm. The costs and the cash flows from these systems are shown below. The company uses a 8 percent discount rate for all projects. Year 0 Year 1 Year 2 Year 3 Otis Forklifts $-3,103,450 $962,225 $1,362,886 $2,111,497 Craigmore Forklifts s-4,147,410 $857,236 $1,779,225 $2,854,110 NPV $632,128 Otis forklift Craigmore Forklifts $437,411 Compute the IRR for each of the two systems. Round intermediate calculat on to decima Places e 1,525 a final answers 2 decima Places, eg 15.10 %,. IRR Otis forklift Craigmore Forklifts Is the investment decision different from the one determined by NPV? The investment decision is from the one determined by NPV