Coore Manufacturing has the following two possible projects. The required return is 11 percent Year Project Z -$60,000 0 Project Y -$28,000 14,000 12,400 14,800 10,400 NM 2 3 4 17,000 31,000 15,000 29,000 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? Answer is complete but not entirely correct. a. Project Y Project Z Project Y Project Z Accept project 1.441 1.176 40,349.17 X 70,546.69 X b. S $ c. Project Y