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Coore Manufacturing has the following two possible projects. The required return is 10 percent Year 0 1 2 3 4 Project Y $27,400 13,400 11,800
Coore Manufacturing has the following two possible projects. The required return is 10 percent Year 0 1 2 3 4 Project Y $27,400 13,400 11,800 14,200 9,800 Project Z $54,000 20,000 25,000 18,000 23,000 a. What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32161.) 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. Accept project
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