NPVMutually exclusive projects Hook Industries is considering the replacement of one of its old drill presses. Three altemative replacement presses are under consideration. The relevant cash flows associated with each are shown in the following table: . The firm's cost of capital is 13%. 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 (PU) for each press. e. Rank the presses from best to worst using PL i Data Table a. The NPV of press A is $ (Round to the nearest cent.) The NPV of press B is $ (Round to the nearest cent.) (Click on the Icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet. The NPV of press Ciss. (Round to the nearest cent.) Press A S84,700 Press C $130,500 b. Based on NPV, Hook Industries should press A. (Select from the drop-down menu.) Initial Investment (CF) Year (t) Based on NPV, Hook Industries should press B. (Select from the drop-down menu.) 1 Based on NPV. Hook Industries should Press B S59,900 Cash inflows (CF) S12.200 S14,000 S15,500 S17,600 S20,200 S25,000 press C. (Select from the drop-down menu.) S18,000 S18,000 S18,000 S18,000 S18,000 S18,000 S18,000 S18,000 2 3 4 5 6 7 8 $50,100 $29,600 $20,100 $20,100 $20,100 $29,500 $39,800 $50,500 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 Ais (Round to two decimal places.) 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.) 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 frombest 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.)