17. NPV and Profitability Index Coore Manufacturing has the following two possible projects. The required return is 12 percent. Year Project Y Project Z -$47,600 -$81,000 23,900 34,000 AWN - O 18,600 32,800 20,700 30,500 14,600 27,300 a. What is the profitability index for each project? b. What is the NPV for each project? c. Which, if either, of the projects should the company accept