Homework: Chapter 10 Homework Save Score: 0 of 1 pt 1 5 of 9 (1 complete) HW Score: 11.11%, 1 of 9 pts P10-10 (similar to) Question Help NPVMutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table: E: The firm's cost of capital is 14%. a. Calculate the net present value (NPV) of each press b. Using NPV, evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. d. Calculate the profitability index (PI) for each press a. The NPV of press A is $. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? 14 parts Clear All remaining Check Answer Homework: Chapter 10 Homework Save Score: 0 of 1 pt 5 of 9 (1 complete) HW Score: 11.11%, 1 of 9 pts Question Help P10-10 (similar to) consideration. The relevant cash flows associated with each are shown in the following table: The firm's cost of capital is 14%. a. Calculate the net present value (NPV) of each press. b. Using NPV, evaluate the acceptability of each press. c. Rank the presses from best to worst using NPV. d. Calculate the profitability index (PI) for each press. e. Rank the presses from best to worst using Pl. a. The NPV of press Ais $(Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? 14 parts Clear All Check Answer remaining Friday October 16 2020 i . Data Table Press A $84,500 Press C $130,500 Initial investment (CF) Year (t) 1 2 3 4 5 6 7 8 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 Press B $60,400 Cash inflows (CFt) $11,800 $14,300 $15,900 $18,200 $20,000 $24,700 $50,100 $29,700 $20,400 $19,900 $20,000 $30,100 $39,800 $49,500 Print Done