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Coore Manufacturing has the following two possible projects. The required return is 12 percent Year Project Y -$27,500 Project Z -$55,000 0 1 2 3

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Coore Manufacturing has the following two possible projects. The required return is 12 percent Year Project Y -$27,500 Project Z -$55,000 0 1 2 3 4 13,500 11,900 14,300 9,900 19,500 26,000 17,500 24,000 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? a. Project Y 1.381 Project 2 b. Project Y 3 decimal places required. Project 2 c. Accept project

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