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The Management of Sheridan 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. Otis forklift year 0=$-3,115,450 year 1=$960,225 year 2=$1,348,886 year 3=$2,113,497 NPV for Otis forklift is $607,861 and what is the IRR for Otis forklift?

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The Management of Sheridan 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. 

Otis forklift year 0=$-3,115,450

year 1=$960,225

year 2=$1,348,886

year 3=$2,113,497

NPV for Otis forklift is $607,861 and what is the IRR for Otis forklift?

 
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