NPVMutually 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 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 (PI) for each press. e. Rank the presses from best to worst using Pl. 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.) The NPV of press C is $. (Round to the nearest cent.) b. Based on NPV, Hook Industries should press A. (Select from the drop-down menu.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Machine A Machine B Machine C Initial investment (CF) $85,200 $60.500 $129,900 Year (t) Cash inflows (CF) 1 $18,200 $11,500 $49,600 2 $18,200 $13,600 $30,100 3 $18,200 $15.500 $20,200 4 $18,200 $18,500 $19,600 5 $18,200 $20,300 $20,100 6 $18,200 $24.900 $29,600 7 $18,200 $40,400 8 $18,200 $49,800 Based on NPV, Hook Industries should press B. (Select from the drop-down menu.) 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 V is the number 2 investment. (Select from the drop-down menu.) Print Done is the number 3 investment. (Select from the drop-down menu.) d. The Pl of press A is (Round to two decimal places.) The PI 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.) is the number 2 investment. (Select from the drop-down menu.) V is the number 3 investment. (Select from the drop-down menu.) NPVMutually 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 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 (PI) for each press. e. Rank the presses from best to worst using Pl. 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.) The NPV of press C is $. (Round to the nearest cent.) b. Based on NPV, Hook Industries should press A. (Select from the drop-down menu.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Machine A Machine B Machine C Initial investment (CF) $85,200 $60.500 $129,900 Year (t) Cash inflows (CF) 1 $18,200 $11,500 $49,600 2 $18,200 $13,600 $30,100 3 $18,200 $15.500 $20,200 4 $18,200 $18,500 $19,600 5 $18,200 $20,300 $20,100 6 $18,200 $24.900 $29,600 7 $18,200 $40,400 8 $18,200 $49,800 Based on NPV, Hook Industries should press B. (Select from the drop-down menu.) 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 V is the number 2 investment. (Select from the drop-down menu.) Print Done is the number 3 investment. (Select from the drop-down menu.) d. The Pl of press A is (Round to two decimal places.) The PI 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.) is the number 2 investment. (Select from the drop-down menu.) V is the number 3 investment. (Select from the drop-down menu.)