Coore Manufacturing has the following two possible projects. The required return is 12 percent. Year Project Y Project Z 0 $ 55,600 $ 89,000 1 26,900 36,000 2 19,600 34,800 3 22,700 32,500 4 16,600 29,300

What is the profitability index for each project?

Note: Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.

What is the NPV for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

Which, if either, of the projects should the company accept?