NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Three alternative replacement machines are under consideration. The relevant cash flows associated with each are shown the following table: 5: The firm's cost of capital is 11%. : 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 - X Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) a. The NPV of press A is $ (Round to the nearest cent.) The NPV of press B is S (Round to the nearest cent.) Machine A $85,100 Machine C $129,500 Initial investment (CF) Year (t) The NPV of press C is $ (Round to the nearest cent.) b. Based on NPV. Hook Industries should Machine B $60,000 Cash inflows (CF) $11,600 $13,500 $15,900 $18,500 $19,600 $24,900 1 1 2 3 press A. (Select from the drop-down menu.) Based on NPV, Hook Industries should press B. (Select from the drop-down menu.) $18,200 $18,200 $18,200 $18,200 $18,200 $18,200 $18,200 $18,200 $49,500 $29,800 $20,300 $19,800 $20,500 $30,400 $40,500 $50,300 4 5 6 7 8 Based on NPV, Hook Industries should press C. (Select from the drop-down menu.) c. In ranking the presses from best to worst, is the number 1 investment. (Select from the drop-down menu.) is the number 2 investment. (Select from the drop-down menu.) is the number 3 investment. (Select from the drop-down menu.) Print Done d. The Pl of press A is (Round to two decimal places.) The Pl of press B is (Round to two decimal places.) The Pl of press C is (Round to two decimal places.) e. In ranking the presses from best to worst, is the number 1 investment. (Select from the drop-down menu.) v is the number 2 investment. (Select from the drop-down menu.) is the number 3 investment. (Select from the drop-down menu.)