Dahlia Manufacturing has the following two possible projects. The required return is 11 percent.

Year	Project Y	Project Z
0	$28,100	$61,000
1	14,100	16,500
2	12,500	32,000
3	14,900	14,500
4	10,500	30,000

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?