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 cash flows associated with each are shown in the following table. The firm's cost of capital is 12% 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 (P) for each press e. Rank the presses from best to worst using PL The NPV or press BIS 0 Data Table The NPV of press Cis $ 3 b. Based on NPV Hook 1 (Click on the icon here in order to copy the contents of the data table below Based on NPV, Hook Indu into a spreadsheet) Machine A Machine B Machine C Based on NPV, Hook Indu Initial investment (CF) $85,500 $59,700 $130 200 c. In ranking the presses Year (t) Cash inflows (CF) 1 $18,500 $12,300 $50,300 Press B is the number 2 2 $18,500 $14.400 $29,800 3 $18,500 $15,500 $19,700 4 Press A is the number 3 $18,500 $18.200 $19 600 5 $18,500 $19,600 $20,400 d. The Pl of press AS 6 $18,500 $25,400 $30,100 7 $18,500 $40,500 8 $18,500 $49,600 Enter your answer in the 5 parts Print Done remaining