Coore Manufacturing has the following two possible projects. The required return is 12 percent. Year Project Y 0 $47,600 23,900 2 18,600 3 20,700 4 14,600 -NM Project z -$81,000 34,000 32,800 30,500 27,300 a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Which, if either, of the projects should the company accept? a. Project Y Project Z b. Project Y Project Z c. Project acceptance