Dahlia Manufacturing has the following two possible projects. The required return is 12 percent.

Year (0-4) Project Y: -$28500, 14500, 12900, 15300, 10900

Year Project Z: -$50000, 14500, 36000, 12500, 34000

Required: (a) What is the profitability index for each project? (Do not round intermediate calculations. Round your answers to 3 decimal places (e.g., 32.161).) Profitability index Project Y Project Z (b) What is the NPV for each project? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) NPV Project Y $ Project Z $ (c) Which, if either, of the projects should the company accept?