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Coore Manufacturing has the following two possible projects. The required return is 1 1 percent. Year Project Y Project Z 0 $ 2 7 ,

Coore Manufacturing has the following two possible projects. The required return is 11 percent.
Year Project Y Project Z
0$ 27,200$ 52,000
113,20021,000
211,60023,000
314,00019,000
49,60021,000
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?Coore Manufacturing has the following two possible projects. The required return is 11 percent.
a. 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.
b. 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.
c. Which, if either, of the projects should the company accept?
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