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Coore Manufacturing has the following two possible projects. The required return is 1 2 percent. Year Project Y Project Z 0 $ 5 5 ,

Coore Manufacturing has the following two possible projects. The required return is 12 percent.
Year Project Y Project Z
0$ 55,600$ 89,000
126,90036,000
219,60034,800
322,70032,500
416,60029,300
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?
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