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Coore Manufacturing has the following two possible projects. The required return is 1 3 percent. Year Project Y Project Z 0 $ 2 8 ,

Coore Manufacturing has the following two possible projects. The required return is 13 percent.
Year Project Y Project Z
0$ 28,600$ 51,000
114,60014,000
213,00037,000
315,40012,000
411,00035,000
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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