Vigor - max is considering buyng a new water treatment system tor is plant in Austin, Texas The imvestment proposal passed the initul screening tests (payback and accounting eate of retum) so the company now wants to analyze the proposal using the discounted cash flow metbods. The water Ireatment system costs 577,000 , has a ten-year life, and has no residual value. The estimated net cash intows tom emvionmental cleanup sameng are $14,000 per year over its 1 e. The company 5 required rate of tetuin is 18%. (Click the icon to vew Present value of $1 table) (Cick the icon to vew Present Vatue of Ordnary Annuity of $1 table) Read the teguifements: Requirement 1. Compute the water treatment system's NPV (Enter any factor amounts to thee decimal places: XxcoX Use paregtheses or a manus sign for a negatwe NPV) Requirement 2. Fand the water treatment system's IRR (exact percentage is not required) The IRR (internal rate of return) is between Requirement 3, Should Vigor - max buy the water treatment system? Why or why not? Vigor max buy the water treatment system it has a MPV, and its IRR the company/s requied rate of return Reference Reference