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 in the following table. The firm's cost of capital is 15% a. Calculate the present value (NPV) of each press b. Using NPV, evaluate the acceptability of each press Data Table c. Rank the presses from best to worst using NPV d. Calculate the profitability index (Po for each press e. Rank the presses from best to worst uting PL (Click on the con located on the top-nght corner of the datatable below in order to a. The NPV of press AS Round to the nearest cont.) copy its contents into a spreadshot.) Machine A Machine B Machine C The NPV of press Biss) (Round to the nearest cont.) Initial investment (CF) 585,000 $60.000 $130.000 The NPV of press C Round to the nearest cent) Year) Cash inflows (CF) $18.000 $12,000 550.000 b. Based on NPV, Hook Industries should press A (Select from the drop-down menu. 2 $18.000 $14,000 $30,000 3 $18.000 $16,000 $20,000 Based on NPV, Hook Industries should press (Select from the drop-down menu) $18,000 $18.000 $20.000 $18.000 $20,000 $20,000 6 $18,000 $25,000 530,000 Based on NPV. Hook Industries should press C (Select from the drop-down menu) $18,000 $40.000 $18.000 550.000 in ranking the presses from best to worst is the number 1 investment (Solect from 1 4 5 is the number 2 investment (Select from the drop-down menu.) Print Done Enter your answer in each of the answer boxes