NPV-Mutually exclusive projects Hook Industries is considering the replacement of one of its old metal stamping machines. Throe alternativo 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 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 (PI) for each press e. Rank the presses from best to worst using PL a. The NPV of press Ais (Round to the nearest cont.) ck on the icon located on the top-right corner of the data table below in order to by its contents into a spreadsheet.) nitial investment (CF) Year (t) Machine A $85,500 Machine C $129,700 1 2 3 4 5 6 7 8 $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 $17,600 Machine B $60,400 Cash inflows (CF) $11,600 $13,800 $15,700 $17,900 $20,400 $25,400 $50,200 $30,200 $20,200 $20,100 $20,000 $29,500 $40,200 $49,500 Print Done